Gray William Ross 4
4 · SEMTECH CORP · Filed Jun 6, 2025
Insider Transaction Report
Form 4
SEMTECH CORPSMTC
Gray William Ross
SVP and GM
Transactions
- Exercise/Conversion
Restricted Stock Unit
2025-06-04−7,639→ 0 total→ Common Stock (7,639 underlying) - Exercise/Conversion
Common Stock
2025-06-04+7,639→ 20,074 total - Tax Payment
Common Stock
2025-06-04$38.11/sh−4,087$155,756→ 15,987 total
Footnotes (2)
- [F1]Each stock unit represents the contingent right to receive one share of Semtech common stock.
- [F2]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 vesting and payment of the award with respect to the first year in the performance period.