SEC Form 4 · accession 0001413753-15-000104
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
Oct 23, 2015
Accepted (ET)
Oct 26, 2015 · 4:41 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 | Oct 23, 2015 | M | 4,000 | $16.68 | A | 156,558 | D | |
| Common StockF1 | Oct 23, 2015 | S | 4,000 | $17.4143 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $16.68 | Oct 23, 2015 | M | 4,000 | D | — | Mar 2, 2016 | Common Stock | 4,000 | 8,000 | D |
Explanation of responses
- F1This price represents the weighted average of these sales. The prices ranged from $17.2800 to $17.6100. Price and share details are available upon request.
- F2This option vested in three annual installments beginning on March 2, 2011.
Remarks
These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Maheswaran on April 6, 2015.