Saar Gillai - Jun 7, 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: Director
Signature: /s/Saar Gillai by Charles B. Ammann under Power of Attorney dated September 18, 2018 (Copy On File)
Stock symbol: SMTC
Transactions as of: Jun 7, 2023
Transactions value $: $38,238
Form type: 4
Date filed: 6/8/2023, 07:40 PM
Previous filing: Jul 5, 2022
Next filing: Jul 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMTC	Common Stock	Options Exercise	$38.2K	+1.73K	+34.61%	$22.09	6.73K	Jun 7, 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	-1.73K	-100%	$0.00^*	0	Jun 7, 2023	SMTC	1.73K		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	The stock units vest on the earlier of the one year anniversary of the award or the day immediately preceding the annual meeting of shareholders in the year following the grant and are payable in shares.