Gray William Ross 4
4 · SEMTECH CORP · Filed Mar 6, 2025
Insider Transaction Report
Form 4
SEMTECH CORPSMTC
Gray William Ross
SVP and GM
Transactions
- Award
Common Stock
2025-03-04+1,738→ 6,376 total - Tax Payment
Common Stock
2025-03-04$35.58/sh−930$33,089→ 5,446 total - Exercise/Conversion
Common Stock
2025-03-05+11,310→ 16,756 total - Tax Payment
Common Stock
2025-03-05$36.05/sh−6,051$218,139→ 10,705 total - Exercise/Conversion
Restricted Stock Unit
2025-03-05−11,310→ 22,621 total→ Common Stock (11,310 underlying)
Footnotes (3)
- [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 relative total stockholder return 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.
- [F2]Each stock unit is the economic equivalent of one share of Semtech common stock.
- [F3]This grant vests in three annual installments beginning on March 5, 2025.