Saar Gillai - 01 Jul 2021 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role: Director
Signature: /s/Saar Gillai by Charles B. Ammann under Power of Attorney dated September 18, 2018 (Copy On File)
Issuer symbol: SMTC
Transactions as of: 01 Jul 2021
Transactions value $: $0
Form type: 4
Date filed: 06 Jul 2021, 19:27
Previous filing: 10 Jun 2021
Next filing: 04 Aug 2021
SEC: View on sec.gov

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	+1.32K		$0.00	1.32K	01 Jul 2021	SMTC	1.32K		Direct	F1, F2
transaction	SMTC	Restricted Stock Unit	Award	$0	+1.32K		$0.00	1.32K	01 Jul 2021	SMTC	1.32K		Direct	F1, F3

* 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	The stock units vest on the earlier of the one year anniversary of the award or the day immediately preceding the annual meeting of shareholders in the year following the grant and are payable in shares.
F3	The stock units vest on the earlier of the one year anniversary of the award or the day immediately preceding the annual meeting of shareholders in the year following the grant and are payable in cash on the last date that the Director renders services to the Company.