Norris B. Powell - 08 Mar 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Signature
/s/Norris B. Powell by Charles B. Ammann under Power of Attorney dated November 20, 2020 (Copy On File)
Issuer symbol
SMTC
Transactions as of
08 Mar 2023
Net transactions value
-$40,270
Form type
4
Filing time
10 Mar 2023, 19:48:05 UTC
Previous filing
09 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $0 +3,727 +87% $0.000000 8,018 08 Mar 2023 Direct
transaction SMTC Common Stock Tax liability $40,270 -1,333 -17% $30.21 6,685 08 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 -3,727 -33% $0.000000 7,455 08 Mar 2023 SMTC 3,727 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.