Rayabhari Madhusudhan 4
4 · SEMTECH CORP · Filed Jun 6, 2025
Insider Transaction Report
Form 4
SEMTECH CORPSMTC
Rayabhari Madhusudhan
SVP and GM
Transactions
- Exercise/Conversion
Common Stock
2025-06-04+10,897→ 67,012 total - Tax Payment
Common Stock
2025-06-04$38.11/sh−5,534$210,901→ 61,478 total - Exercise/Conversion
Restricted Stock Unit
2025-06-04−10,897→ 0 total→ Common Stock (10,897 underlying)
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.