SEC Form 4 · accession 0001593968-17-001140
SEMTECH CORP · SMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Beauchamp
Officer — EVP & GM
Period of report
Oct 13, 2017
Accepted (ET)
Oct 16, 2017 · 5:05 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 13, 2017 | M | 6,666 | $28.60 | A | 6,666 | D | |
| Common Stock | Oct 13, 2017 | M | 5,000 | $30.82 | A | 11,666 | D | |
| Common Stock | Oct 13, 2017 | M | 10,000 | $24.74 | A | 21,666 | D | |
| Common StockF1 | Oct 13, 2017 | S | 5,000 | $39.8362 | D | 16,666 | D | |
| Common StockF1 | Oct 13, 2017 | S | 10,000 | $39.8362 | D | 6,666 | D | |
| Common StockF1 | Oct 13, 2017 | S | 6,666 | $39.8362 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $28.60 | Oct 13, 2017 | M | 6,666 | D | Feb 24, 2016 | Feb 24, 2021 | SMTC | 6,666 | 3,334 | D |
| Option (right to buy)F3 | $30.82 | Oct 13, 2017 | M | 5,000 | D | Feb 26, 2014 | Feb 26, 2019 | SMTC | 5,000 | 0 | D |
| Option (right to buy)F4 | $24.74 | Oct 13, 2017 | M | 10,000 | D | Feb 25, 2015 | Feb 25, 2020 | SMTC | 10,000 | 0 | D |
Explanation of responses
- F1This price represents the weighted average of these sales. The prices ranged from $39.4500 to $40.3500. Price and share details are available upon request.
- F2This grant vests in three annual installments beginning on February 24, 2016.
- F3This grant vests in three annual installments beginning on February 26, 2014.
- F4This grant vests in three annual installments beginning on February 25, 2015.