Form 4 for SMTC SEMTECH CORP
Accepted 2025-03-28 00:00:00 ET · period of report 2025-03-26 · accession 0000088941-25-000071 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-28 | 2025-03-26 | SMTC | Lin Mark | EVP, CFO | A - Grant | $0.00 | +9,278 | 20.9K | +80% | $0 |
| D | 2025-03-28 | 2025-03-26 | SMTC | Lin Mark | EVP, CFO | F - Tax | $40.07 | -4,515 | 16.4K | -22% | -$180.9K |
| DM | 2025-03-28 | 2025-03-27 | SMTC | Lin Mark | EVP, CFO | S - Sale | $37.71 | -2,907 | 13.5K | -18% | -$109.6K |
| D | 2025-03-28 | 2025-03-26 | SMTC | Lin Mark | EVP, CFO | A - Grant | $0.00 | +12.3K | 12.3K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-26 | A | A | 9,278 | $0.00 | 20,903 | D | — | — | (F1) The reporting person was granted performance stock units by Semtech in Semtech's fiscal year 2024 that are eligible to vest based on Semtech's attainment of pre-established revenue and non-GAAP operating income targets over a period of one, two, and three years. This transaction represents the payment and vesting of the awards with respect to the second year in the performance period. |
| 2 | Common | Common Stock | 2025-03-26 | F | D | 4,515 | $40.07 | 16,388 | D | — | — | |
| 3 | Common | Common Stock | 2025-03-27 | S | D | 2,707 | $37.67 | 13,681 | D | — | — | (F2) This price represents the weighted average of these sales. The prices ranged from $37.2 to $38.09. Price and share details are available upon request. |
| 4 | Common | Common Stock | 2025-03-27 | S | D | 200 | $38.21 | 13,481 | D | — | — | |
| 5 | Derivative | Restricted Stock Unit | 2025-03-26 | A | A | 12,321 | $0.00 | 12,321 | D | — · — to — | 12,321 Common Stock | (F3) Each stock unit represents the contingent right to receive one share of Semtech common stock. (F4) The reporting person was granted performance stock units by Semtech in Semtech's fiscal year 2025 that are eligible to vest based on Semtech's attainment of pre-established revenue and non-GAAP operating income targets over a period of one, two, and three years, Semtech's relative total stockholder return over a period of three years, and the satisfaction of a service condition. The transaction represents the determination of the number of units eligible to vest based on the actual attainment of the performance condition with respect to the first year in the performance period. The vesting of the award with respect to the first year in the performance period will occur on June 4, 2025, subject to the satisfaction of the service condition. |