SEC Form 4 · accession 0001413753-15-000068
SEMTECH CORP · SMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mohan Maheswaran
Officer — President and CEO · Director
Period of report
Mar 29, 2015
Accepted (ET)
Mar 30, 2015 · 6:48 pm EDT
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 | Mar 29, 2015 | M | 50,000 | $0.00 | A | 176,379 | D | |
| Common Stock | Mar 29, 2015 | F | 23,821 | $26.64 | D | 152,558 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Mar 29, 2015 | M | 50,000 | D | — | — | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents the contingent right to one share of the company's common stock.
- F2This grant vested as to 25% of the full award amount immediately on March 29, 2010, and 25% of the full award amount on the anniversary of the grant date for a subsequent three years. The shares resulting from the vesting are to be delivered on the three year anniversary of each vesting date.