Emeka Chukwu - Mar 8, 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
EVP and CFO
Signature
/s/Emeka Chukwu by Charles B. Ammann under Power of Attorney dated February 25, 2014 (Copy On File)
Stock symbol
SMTC
Transactions as of
Mar 8, 2023
Transactions value $
-$108,745
Form type
4
Date filed
3/10/2023, 07:49 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 +5.86K +5.03% $0.00 122K Mar 8, 2023 Direct
transaction SMTC Common Stock Tax liability -$61.2K -2.03K -1.66% $30.21 120K Mar 8, 2023 Direct
transaction SMTC Common Stock Options Exercise $0 +4.46K +3.71% $0.00 125K Mar 9, 2023 Direct
transaction SMTC Common Stock Tax liability -$47.5K -1.54K -1.24% $30.81 123K Mar 9, 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 -5.86K -33.33% $0.00 11.7K Mar 8, 2023 SMTC 5.86K Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -4.46K -50% $0.00 4.46K Mar 9, 2023 SMTC 4.46K Direct F1, F3
* 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.
F3 This grant vests in three annual installments beginning on March 9, 2022.