Saar Gillai - 07 Jun 2023 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: 07 Jun 2023
Transactions value $: $38,238
Form type: 4
Filing time: 08 Jun 2023, 19:40:00
Previous filing: 05 Jul 2022
Next filing: 05 Jul 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	$38.2K	+1.73K	+34.61%	$22.09	6.73K	07 Jun 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	-1.73K	-100%	$0.00^*	0	07 Jun 2023	SMTC	1.73K		Direct	F1, F2

* 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.