Gary Beauchamp - 03 Mar 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: EVP and GM
Signature: /s/Gary Beauchamp by Charles B. Ammann under Power of Attorney dated February 25, 2014 (Copy On File)
Issuer symbol: SMTC
Transactions as of: 03 Mar 2023
Net transactions value: -$81,264
Form type: 4
Filing time: 07 Mar 2023, 16:50:23 UTC
Previous filing: 11 Mar 2022
Next filing: 09 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMTC	Common Stock	Options Exercise	$0	+5,556	+40%	$0.000000	19,525	03 Mar 2023	Direct
transaction	SMTC	Common Stock	Tax liability	$81,264	-2,579	-13%	$31.51	16,946	03 Mar 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SMTC	Restricted Stock Unit	Options Exercise	$0	-5,556	-100%	$0.000000^*	0	03 Mar 2023	SMTC	5,556		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each stock unit is the economic equivalent of one share of Semtech common stock.
F2	This grant vests in three annual installments beginning on March 3,2021.