Madhusudhan Rayabhari - 19 Aug 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP and GM
Signature
s/Madhusudhan Rayabhari by Charles B. Ammann under Power of Attorney dated November 23, 2020 (Copy On File)
Issuer symbol
SMTC
Transactions as of
19 Aug 2023
Net transactions value
+$37,955
Form type
4
Filing time
21 Aug 2023, 17:31:29 UTC
Previous filing
10 Mar 2023
Next filing
07 Mar 2024
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 $27,181 +1,100 +5.3% $24.71 21,881 19 Aug 2023 Direct
transaction SMTC Common Stock Tax liability $9,415 -381 -1.7% $24.71 21,500 19 Aug 2023 Direct
transaction SMTC Common Stock Options Exercise $30,888 +1,250 +5.8% $24.71 22,750 21 Aug 2023 Direct
transaction SMTC Common Stock Tax liability $10,699 -433 -1.9% $24.71 22,317 21 Aug 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 -1,100 -50% $0.000000 1,100 19 Aug 2023 SMTC 1,100 Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -1,250 -100% $0.000000* 0 21 Aug 2023 SMTC 1,250 Direct F1, F3
* 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 four annual installments beginning on August 19,2021.
F3 This grant vest in four annual installments beginning on August 21,2020.