Mark P. Russell - Jan 1, 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP
Signature
/s/Mark P. Russell by Mark Lin under Power of Attorney dated January 5, 2024 (Copy On File)
Stock symbol
SMTC
Transactions as of
Jan 1, 2025
Transactions value $
-$185,488
Form type
4
Date filed
1/3/2025, 04:17 PM
Previous filing
Mar 7, 2024
Next filing
Mar 7, 2025
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 +11.8K $0.00 11.8K Jan 1, 2025 Direct
transaction SMTC Common Stock Tax liability -$185K -3K -25.51% $61.85 8.76K Jan 1, 2025 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 -11.8K -33.33% $0.00 23.5K Jan 1, 2025 Common Stock 11.8K 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 One third of this grant vests on January 1, 2025 and the remainder of this grant vests in eight quarterly installments beginning on April 1, 2025.