Saar Gillai - Jul 1, 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
Jul 1, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 06:38 PM
Previous filing
Jun 8, 2023
Next filing
Jun 10, 2024

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 Award $0 +3.53 K $0.00 3.53 K Jul 1, 2023 Common Stock 3.53 K Direct F1, F2
transaction SMTC Restricted Stock Unit Award $0 +3.53 K $0.00 3.53 K Jul 1, 2023 Common Stock 3.53 K Direct F1, F3

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 and the day immediately preceding the date of the first annual meeting of shareholders following the grant and are payable in cash on the last date that the Director renders services to the Company.
F3 The stock units vest on the earlier of the one year anniversary of the award and the day immediately preceding the date of the first annual meeting of shareholders following the grant and are payable in shares.