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
- 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.
- 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.
- Each stock unit represents the contingent right to receive one share of Semtech common stock.
- 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.