Norris B. Powell - 18 Nov 2021 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP and CHRO
Signature
/s/Norris B. Powell by Charles B. Ammann under Power of Attorney dated November 20, 2020 (Copy On File)
Issuer symbol
SMTC
Transactions as of
18 Nov 2021
Transactions value $
-$177,603
Form type
4
Filing time
18 Nov 2021, 17:07:37 UTC
Next filing
07 Dec 2021
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 +6.25K $0.00 6.25K 18 Nov 2021 Direct
transaction SMTC Common Stock Tax liability -$178K -1.96K -31.34% $90.66 4.29K 18 Nov 2021 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 -6.25K -25% $0.00 18.8K 18 Nov 2021 SMTC 6.25K Direct F1, F2, 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 This grant vests in four annual installments beginning on November 18, 2021.
F3 This grant vests in four annual installments beginning on November 18, 2021.