Rayabhari Madhusudhan 4
4 · SEMTECH CORP · Filed Mar 6, 2025
Insider Transaction Report
Form 4
SEMTECH CORPSMTC
Rayabhari Madhusudhan
SVP and GM
Transactions
- Award
Common Stock
2025-03-04+3,728→ 36,260 total - Award
Common Stock
2025-03-04+6,952→ 43,212 total - Tax Payment
Common Stock
2025-03-04$35.58/sh−4,807$171,033→ 38,405 total - Exercise/Conversion
Common Stock
2025-03-05+16,133→ 54,538 total - Tax Payment
Common Stock
2025-03-05$36.05/sh−6,289$226,718→ 48,249 total - Exercise/Conversion
Restricted Stock Unit
2025-03-05−16,133→ 32,267 total→ Common Stock (16,133 underlying)
Footnotes (4)
- [F1]The reporting person was granted performance stock units by Semtech in Semtech's fiscal year 2023 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 third year in the performance period.
- [F2]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.
- [F3]Each stock unit is the economic equivalent of one share of Semtech common stock.
- [F4]This grant vests in three annual installments beginning on March 5, 2025.