Paul H. Pickle - Oct 1, 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
President and CEO, Director
Signature
/s/Paul H. Pickle by Mark Lin under Power of Attorney dated October 3, 2023 (Copy On File)
Stock symbol
SMTC
Transactions as of
Oct 1, 2023
Transactions value $
$173,916
Form type
4
Date filed
10/3/2023, 07:13 PM
Previous filing
Jun 30, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTC Common Stock Options Exercise $265K +10.3K $25.75 10.3K Oct 1, 2023 Direct
transaction SMTC Common Stock Tax liability -$91.4K -3.55K -34.45% $25.75 6.75K Oct 1, 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 -10.3K -8.33% $0.00 113K Oct 1, 2023 Common Stock 10.3K 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 twelve quarterly installments beginning on October 1, 2023.