Norris B. Powell - Mar 8, 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP and CHRO
Signature
/s/Norris B. Powell by Charles B. Ammann under Power of Attorney dated November 20, 2020 (Copy On File)
Stock symbol
SMTC
Transactions as of
Mar 8, 2023
Transactions value $
-$40,270
Form type
4
Date filed
3/10/2023, 07:48 PM
Previous filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $0 +3.73K +86.86% $0.00 8.02K Mar 8, 2023 Direct
transaction SMTC Common Stock Tax liability -$40.3K -1.33K -16.63% $30.21 6.69K Mar 8, 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 -3.73K -33.33% $0.00 7.46K Mar 8, 2023 SMTC 3.73K 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 8, 2023.