Mohan Maheswaran - Jun 14, 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
President and CEO, Director
Signature
/s/Mohan Maheswaran by Charles B. Ammann under Power of Attorney dated February 25, 2014 (Copy On File)
Stock symbol
SMTC
Transactions as of
Jun 14, 2023
Transactions value $
-$417,833
Form type
4
Date filed
6/14/2023, 08:18 PM
Previous filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $0 +38.8K +23.58% $0.00 203K Jun 14, 2023 Direct
transaction SMTC Common Stock Tax liability -$418K -17.9K -8.81% $23.34 185K Jun 14, 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 -38.8K -16.67% $0.00 194K Jun 14, 2023 SMTC 38.8K 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 six quarterly installments beginning on June 14, 2023.