Asaf Silberstein - Mar 6, 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
EVP and COO
Signature
/s/Asaf Silberstein by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)
Stock symbol
SMTC
Transactions as of
Mar 6, 2025
Transactions value $
-$289,900
Form type
4
Date filed
3/10/2025, 08:22 PM
Previous filing
Mar 6, 2025
Next filing
Mar 28, 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 +12.1K +12.71% $0.00 108K Mar 7, 2025 Direct
transaction SMTC Common Stock Tax liability -$199K -6.16K -5.73% $32.33 101K Mar 7, 2025 Direct
transaction SMTC Common Stock Options Exercise $0 +5.33K +5.25% $0.00 107K Mar 8, 2025 Direct
transaction SMTC Common Stock Tax liability -$90.6K -2.71K -2.53% $33.50 104K Mar 8, 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 Award $0 +29.3K $0.00 29.3K Mar 6, 2025 Common Stock 29.3K Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -12.1K -50% $0.00 12.1K Mar 7, 2025 Common Stock 12.1K Direct F1, F3
transaction SMTC Restricted Stock Unit Options Exercise $0 -5.33K -100% $0.00 0 Mar 8, 2025 Common Stock 5.33K 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 One third of this grant vests on March 10, 2026 and the remainder of this grant vests in eight quarterly installments beginning on June 10, 2026.
F3 This grant vests in three annual installments beginning on March 7, 2024.
F4 This grant vested in three annual installments beginning on March 8, 2023.