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

Role: SVP and CMO
Signature: /s/Julie Anne McGee by Charles B. Ammann under Power of Attorney dated May 12, 2022 (Copy On File)
Stock symbol: SMTC
Transactions as of: May 25, 2023
Transactions value $: -$42,163
Form type: 4
Date filed: 5/30/2023, 04:40 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	+6.25K		$0.00	6.25K	May 25, 2023	Direct
transaction	SMTC	Common Stock	Tax liability	-$42.2K	-2.03K	-32.46%	$20.78	4.22K	May 25, 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	-6.25K	-25%	$0.00	18.8K	May 25, 2023	SMTC	6.25K		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.