Mohan Maheswaran - 14 Jun 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)
Issuer symbol
SMTC
Transactions as of
14 Jun 2023
Transactions value $
-$417,833
Form type
4
Filing time
14 Jun 2023, 20:18:20 UTC
Previous filing
16 Mar 2023
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 +38.8K +23.58% $0.00 203K 14 Jun 2023 Direct
transaction SMTC Common Stock Tax liability -$418K -17.9K -8.81% $23.34 185K 14 Jun 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 14 Jun 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.