| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SMTC | Common Stock | Award | $0 | +12.7K | +232.39% | $0.00 | 18.1K | Mar 4, 2025 | Direct | F1 |
| transaction | SMTC | Common Stock | Tax liability | -$177K | -4.98K | -27.49% | $35.58 | 13.1K | Mar 4, 2025 | Direct | |
| transaction | SMTC | Common Stock | Options Exercise | $0 | +18.2K | +138.98% | $0.00 | 31.4K | Mar 5, 2025 | Direct | |
| transaction | SMTC | Common Stock | Tax liability | -$319K | -8.85K | -28.22% | $36.05 | 22.5K | Mar 5, 2025 | Direct | |
| transaction | SMTC | Common Stock | Sale | -$92.2K | -2.75K | -12.21% | $33.52 | 19.8K | Mar 6, 2025 | Direct | F2 |
| transaction | SMTC | Common Stock | Sale | -$123K | -3.59K | -18.16% | $34.39 | 16.2K | Mar 6, 2025 | Direct | F3 |
| transaction | SMTC | Common Stock | Sale | -$155K | -4.36K | -26.94% | $35.58 | 11.8K | Mar 6, 2025 | Direct | F4 |
| transaction | SMTC | Common Stock | Sale | -$6.92K | -192 | -1.62% | $36.03 | 11.6K | Mar 6, 2025 | Direct |
| 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 | -18.2K | -33.33% | $0.00 | 36.5K | Mar 5, 2025 | Common Stock | 18.2K | Direct | F5, F6 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The reporting person was granted performance stock units by Semtech in Semtech's fiscal year 2024 that are eligible to vest based on Semtech's relative total stockholder return over a period of one, two and three years. This transaction represents the payment and vesting of the awards with respect to the second year in the performance period. |
| F2 | This price represents the weighted average of these sales. The prices ranged from $32.98 to $33.945. Price and share details are available upon request. |
| F3 | This price represents the weighted average of these sales. The prices ranged from $33.995 to $34.94. Price and share details are available upon request. |
| F4 | This price represents the weighted average of these sales. The prices ranged from $35.03 to $35.99. Price and share details are available upon request. |
| F5 | Each stock unit is the economic equivalent of one share of Semtech common stock. |
| F6 | This grant vests in three annual installments beginning on March 5, 2025. |
These transactions are pursuant to a Rule 10b5-1 trading plan adopted by Mr. Lin on September 17, 2024.