SEC Form 4 · accession 0001593968-17-000879
SEMTECH CORP · SMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sylvia Summers
Director
Period of report
Jul 1, 2017
Accepted (ET)
Jul 5, 2017 · 5:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000088941
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Jul 1, 2017 | A | 1,678 | A | — | — | SMTC | 1,678 | 1,678 | D |
| Restricted Stock UnitF1,F3 | — | Jul 1, 2017 | A | 1,958 | A | — | — | SMTC | 1,958 | 1,958 | D |
Explanation of responses
- F1Each stock unit is the economic equivalent of one share of Semtech common stock.
- F2The 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.
- 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 cash on the last date that the Director renders services to the Company.