Mohan Maheswaran - Mar 5, 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Signature
/s/Mohan Maheswaran by Charles B. Ammann under Power of Attorney dated February 25, 2014 (Copy On File)
Stock symbol
SMTC
Transactions as of
Mar 5, 2023
Transactions value $
-$192,329
Form type
4
Date filed
3/7/2023, 04:51 PM
Previous filing
Mar 24, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $0 +17.5K +11.44% $0.00 171K Mar 5, 2023 Direct
transaction SMTC Common Stock Tax liability -$192K -6.07K -3.56% $31.68 164K Mar 5, 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 -17.5K -100% $0.00* 0 Mar 5, 2023 SMTC 17.5K 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 four annual installments beginning on March 5, 2020.