Filing Details

Accession Number:
0000088941-25-000071
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-28 16:40:33
Reporting Period:
2025-03-26
Filing Date:
2025-03-28
Accepted Time:
2025-03-28 16:40:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
88941 Semtech Corp SMTC Semiconductors & Related Devices (3674) 952119684
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1994152 Mark Lin 200 Flynn Rd.
Camarillo CA 93012-8790
Evp And Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2025-03-26 9,278 $0.00 20,903 No 4 A Direct
Common Stock Disposition 2025-03-26 4,515 $40.07 16,388 No 4 F Direct
Common Stock Disposition 2025-03-27 2,707 $37.67 13,681 No 4 S Direct
Common Stock Disposition 2025-03-27 200 $38.21 13,481 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Acquisiton 2025-03-26 12,321 $0.00 12,321 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,321 No 4 A Direct
Footnotes
  1. 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. 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.
  3. Each stock unit represents the contingent right to receive one share of Semtech common stock.
  4. 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.