SEC Form 4 · accession 0001413753-16-000172
SEMTECH CORP · SMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John L Piotrowski
Director
Period of report
Jun 15, 2016
Accepted (ET)
Jun 15, 2016 · 6:55 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 | Jun 15, 2016 | M | 3,045 | $24.16 | A | 3,045 | D | |
| Common Stock | Jun 15, 2016 | M | 5,000 | $16.43 | A | 8,045 | D | |
| Common StockF1 | Jun 15, 2016 | S | 5,000 | $24.0825 | D | 3,045 | 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 UnitsF2,F3 | — | Jun 15, 2016 | M | 3,045 | D | — | — | Common Stock | 3,045 | 0 | D |
| Stock Option (Right to Buy)F4 | $16.43 | Jun 15, 2016 | M | 5,000 | D | — | Jul 1, 2016 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1This price represents the weighted average of all sales for this day. The prices ranged from $24.0700 to $24.1300. Price and share details are available upon request.
- F2Each stock unit is the economic equivalent of one share of Semtech common stock.
- F3The stock units vest on the earlier of the one year anniversary of the award or the day immediately preceding the annual meeting of shareholders in the year following the grant and are payable in shares.
- F4This option vested in four annual installments beginning on July 1, 2011.