SEC Form 4 · accession 0001593968-18-000860
SEMTECH CORP · SMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles B. Ammann
Officer — EVP
Period of report
Jun 5, 2018
Accepted (ET)
Jun 6, 2018 · 6:30 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 5, 2018 | M | 7,500 | $24.74 | A | 27,897 | D | |
| Common Stock | Jun 5, 2018 | M | 10,000 | $28.60 | A | 37,897 | D | |
| Common Stock | Jun 5, 2018 | M | 1,272 | $17.51 | A | 39,169 | D | |
| Common StockF1 | Jun 5, 2018 | S | 10,000 | $50.0135 | D | 29,169 | D | |
| Common StockF1 | Jun 5, 2018 | S | 1,272 | $50.0135 | D | 27,897 | D | |
| Common StockF1 | Jun 5, 2018 | S | 7,500 | $50.0135 | D | 20,397 | 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 | $24.74 | Jun 5, 2018 | M | 7,500 | D | Feb 25, 2015 | Feb 25, 2020 | SMTC | 7,500 | 0 | D |
| Option (right to buy)F3 | $28.60 | Jun 5, 2018 | M | 10,000 | D | Feb 24, 2016 | Feb 24, 2021 | SMTC | 10,000 | 0 | D |
| Option (right to buy)F4 | $17.51 | Jun 5, 2018 | M | 1,272 | D | Feb 23, 2017 | Feb 23, 2022 | SMTC | 1,272 | 8,728 | D |
Explanation of responses
- F1This price represents the weighted average of these sales. The prices ranged from $50.0000 to $50.2250. Price and share details are available upon request.
- F2This grant vests in four annual installments beginning on February 25, 2015.
- F3This grant vests in three annual installments beginning on February 24, 2016.
- F4This grant vests in three annual installments beginning on February 23, 2017.