Madhusudhan Rayabhari - 08 Mar 2023 Form 4 Insider Report for SEMTECH CORP (SMTC)

Role
SVP and GM
Signature
s/Madhusudhan Rayabhari by Charles B. Ammann under Power of Attorney dated November 23, 2020 (Copy On File)
Issuer symbol
SMTC
Transactions as of
08 Mar 2023
Net transactions value
-$74,864
Form type
4
Filing time
10 Mar 2023, 19:54:13 UTC
Previous filing
09 Mar 2023
Next filing
21 Aug 2023
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 +4,260 +26% $0.000000 20,896 08 Mar 2023 Direct
transaction SMTC Common Stock Tax liability $49,877 -1,651 -7.9% $30.21 19,245 08 Mar 2023 Direct
transaction SMTC Common Stock Options Exercise $0 +2,347 +12% $0.000000 21,592 09 Mar 2023 Direct
transaction SMTC Common Stock Tax liability $24,987 -811 -3.8% $30.81 20,781 09 Mar 2023 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 -4,260 -33% $0.000000 8,520 08 Mar 2023 SMTC 4,260 Direct F1, F2
transaction SMTC Restricted Stock Unit Options Exercise $0 -2,347 -50% $0.000000 2,348 09 Mar 2023 SMTC 2,347 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 This grant vests in three annual installments beginning on March 8, 2023.
F3 This grant vests in three annual installments beginning on March 9, 2022.