Julie Anne McGee - 25 May 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Signature
/s/Julie Anne McGee by Charles B. Ammann under Power of Attorney dated May 12, 2022 (Copy On File)
Issuer symbol
SMTC
Transactions as of
25 May 2023
Net transactions value
-$42,163
Form type
4
Filing time
30 May 2023, 16:40:01 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 +6,250 $0.000000 6,250 25 May 2023 Direct
transaction SMTC Common Stock Tax liability $42,163 -2,029 -32% $20.78 4,221 25 May 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 -6,250 -25% $0.000000 18,750 25 May 2023 SMTC 6,250 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 May 25,2023.