SEC Form 4 · accession 0001593968-18-000935
SEMTECH CORP · SMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Asaf Silberstein
Officer — SVP
Period of report
Jun 20, 2018
Accepted (ET)
Jun 20, 2018 · 6:04 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 20, 2018 | M | 4,240 | $28.60 | A | 45,616 | D | |
| Common Stock | Jun 20, 2018 | M | 10,000 | $24.74 | A | 55,616 | D | |
| Common Stock | Jun 20, 2018 | M | 7,500 | $30.82 | A | 63,116 | D | |
| Common StockF1 | Jun 20, 2018 | S | 10,000 | $50.1014 | D | 53,116 | D | |
| Common StockF1 | Jun 20, 2018 | S | 7,500 | $50.1014 | D | 45,616 | D | |
| Common StockF1 | Jun 20, 2018 | S | 4,240 | $50.1014 | D | 41,376 | 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 | $30.82 | Jun 20, 2018 | M | 7,500 | D | Feb 26, 2014 | Feb 26, 2019 | SMTC | 7,500 | 0 | D |
| Option (right to buy)F3 | $28.60 | Jun 20, 2018 | M | 4,240 | D | Feb 24, 2016 | Feb 24, 2021 | SMTC | 4,240 | 5,760 | D |
| Option (right to buy)F4 | $24.74 | Jun 20, 2018 | 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 $50.1000 to $50.1500. Price and share details are available upon request.
- F2This grant vests in three annual installments beginning on February 26, 2014.
- F3This grant vests in three annual installments beginning on February 24, 2016.
- F4This grant vests in three annual installments beginning on February 25, 2015.