Madhusudhan Rayabhari - 07 Mar 2024 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP and GM
Signature
/s/Madhusudhan Rayabhari by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)
Issuer symbol
SMTC
Transactions as of
07 Mar 2024
Net transactions value
-$131,117
Form type
4
Filing time
11 Mar 2024, 16:56:00 UTC
Previous filing
07 Mar 2024
Next filing
10 May 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 $0 +8,496 +38% $0.000000 30,813 07 Mar 2024 Direct
transaction SMTC Common Stock Tax liability $75,510 -3,238 -11% $23.32 27,575 07 Mar 2024 Direct
transaction SMTC Common Stock Options Exercise $0 +4,260 +15% $0.000000 31,835 08 Mar 2024 Direct
transaction SMTC Common Stock Tax liability $36,039 -1,520 -4.8% $23.71 30,315 08 Mar 2024 Direct
transaction SMTC Common Stock Options Exercise $0 +2,348 +7.7% $0.000000 32,663 09 Mar 2024 Direct
transaction SMTC Common Stock Tax liability $19,567 -838 -2.6% $23.35 31,825 09 Mar 2024 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 -8,496 -33% $0.000000 16,992 07 Mar 2024 Common Stock 8,496 Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -4,260 -50% $0.000000 4,260 08 Mar 2024 Common Stock 4,260 Direct F1, F3
transaction SMTC Restricted Stock Unit Options Exercise $0 -2,348 -100% $0.000000* 0 09 Mar 2024 Common Stock 2,348 Direct F1, F4
* 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 three annual installments beginning on March 7, 2024.
F3 This grant vests in three annual installments beginning on March 8, 2023.
F4 This grant vests in three annual installments beginning on March 9, 2022.