SEC Form 4 · accession 0001593968-18-000954
SEMTECH CORP · SMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Asaf Silberstein
Officer — SVP
Period of report
Jun 21, 2018
Accepted (ET)
Jun 21, 2018 · 7:13 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 21, 2018 | M | 5,760 | $28.60 | A | 47,136 | D | |
| Common Stock | Jun 21, 2018 | M | 5,668 | $17.51 | A | 52,804 | D | |
| Common StockF1 | Jun 21, 2018 | S | 5,760 | $51.5127 | D | 47,044 | D | |
| Common StockF1 | Jun 21, 2018 | S | 5,668 | $51.5127 | 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 | $28.60 | Jun 21, 2018 | M | 5,760 | D | Feb 24, 2016 | Feb 24, 2021 | SMTC | 5,760 | 0 | D |
| Option (right to buy)F3 | $17.51 | Jun 21, 2018 | M | 5,668 | D | Feb 23, 2017 | Feb 23, 2022 | SMTC | 5,668 | 4,332 | D |
Explanation of responses
- F1This price represents the weighted average of these sales. The prices ranged from $51.5000 to $51.6000. 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 23, 2017.