Asaf Silberstein - 08 Mar 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
EVP
Signature
/s/Asaf Silberstein by Charles B. Ammann under Power of Attorney dated February 25, 2014 (Copy On File)
Issuer symbol
SMTC
Transactions as of
08 Mar 2023
Net transactions value
-$90,678
Form type
4
Filing time
10 Mar 2023, 19:56:16 UTC
Previous filing
09 Mar 2023
Next filing
03 Jan 2024
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 +5,324 +8.6% $0.000000 67,566 08 Mar 2023 Direct
transaction SMTC Common Stock Tax liability $55,647 -1,842 -2.7% $30.21 65,724 08 Mar 2023 Direct
transaction SMTC Common Stock Options Exercise $0 +3,286 +5% $0.000000 69,010 09 Mar 2023 Direct
transaction SMTC Common Stock Tax liability $35,031 -1,137 -1.6% $30.81 67,873 09 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 -5,324 -33% $0.000000 10,650 08 Mar 2023 SMTC 5,324 Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -3,286 -50% $0.000000 3,287 09 Mar 2023 SMTC 3,286 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.