SEC Form 4 · accession 0001593968-18-000381
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
Feb 21, 2018
Accepted (ET)
Feb 21, 2018 · 7:39 pm EST
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 | Feb 21, 2018 | M | 22,000 | $29.35 | A | 218,872 | D | |
| Common StockF1 | Feb 21, 2018 | S | 22,000 | $33.7937 | D | 196,872 | 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 | $29.35 | Feb 21, 2018 | M | 22,000 | D | Feb 28, 2013 | Feb 28, 2018 | SMTC | 22,000 | 0 | D |
Explanation of responses
- F1This price represents the weighted average of these sales. The prices ranged from $33.4750 to $34.5500. Price and share details are available upon request.
- F2This grant vests in three annual installments beginning on February 28, 2013.
Remarks
These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Maheswaran on December 4, 2017