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
Net 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	+38,772	+24%	$0.000000	203,224	14 Jun 2023	Direct
transaction	SMTC	Common Stock	Tax liability	$417,833	-17,902	-8.8%	$23.34	185,322	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	-38,772	-17%	$0.000000	193,863	14 Jun 2023	SMTC	38,772		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.