SEC Form 4 · accession 0001413753-15-000026
SEMTECH CORP · SMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon K Faltemier
Officer — Senior Vice President
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 7:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000088941
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 25, 2015 | M | 2,500 | $0.00 | A | 5,451 | D | |
| Common Stock | Feb 25, 2015 | F | 1,090 | $28.60 | A | 4,361 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right To Buy)F1 | $28.60 | Feb 24, 2015 | A | 10,000 | A | — | Feb 24, 2021 | Common Stock | 10,000 | 10,000 | D |
| Restricted Stock UnitF2,F1 | — | Feb 24, 2015 | A | 10,000 | A | — | — | Common Stock | 10,000 | 10,000 | D |
| Restricted Stock UnitF2,F3 | — | Feb 24, 2015 | A | 1,800 | A | — | — | Common Stock | 1,800 | 1,800 | D |
| Restricted Stock UnitF2,F4 | — | Feb 25, 2015 | M | 2,500 | D | — | — | Common Stock | 2,500 | 5,000 | D |
Explanation of responses
- F1This grant vests in three annual installments beginning on February 24, 2016.
- F2Each Restricted Stock Unit represents the contingent right to one share of the company's common stock.
- F3This grant vests on the four year anniversary of the award, but is payable only six months after the reporting person's employment terminates.
- F4This grant vests in three annual installments beginning on February 25, 2015.