Semtech Form 3 / Imran Sherazi ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Sherazi Imran

(Last)

(First)

(Middle)

200 FLYNN RD

(Street)

CAMARILLO

93012

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/10/2024

3. Issuer Name and Ticker or Trading Symbol
SEMTECH CORP [ SMTC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP and GM

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,997	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Option (right to buy)	11/16/2023⁽¹⁾	11/16/2028	Common Stock	2,978	29.3	D
Restricted Stock Unit	⁽²⁾	⁽²⁾	Common Stock	1,325	⁽³⁾	D
Restricted Stock Unit	⁽⁴⁾	⁽⁴⁾	Common Stock	2,000	⁽³⁾	D
Restricted Stock Unit	⁽⁵⁾	⁽⁵⁾	Common Stock	1,675	⁽³⁾	D
Restricted Stock Unit	⁽⁶⁾	⁽⁶⁾	Common Stock	18,903	⁽³⁾	D
Restricted Stock Unit	⁽⁷⁾	⁽⁷⁾	Common Stock	33,931	⁽³⁾	D

Explanation of Responses:

1. This grant vests in three annual installments beginning on November 16, 2023.

2. This grant vests in four annual installments beginning on August 19, 2021.

3. Each stock unit is the economic equivalent of one share of Semtech common stock.

4. This grant vests in four annual installments beginning on August 25, 2022.

5. This grant vests in four annual installments beginning on November 16, 2023.

6. This grant vests in three annual installments beginning on November 15, 2024.

7. This grant vests in one annual installment on March 5, 2025.

Remarks:

The Board of Directors determined that Mr. Sherazi is subject to Section 16 as of June 10, 2024.

	/s/Imran Sherazi by Mark Lin under Power of Attorney dated June 12, 2024 (Copy on File)	06/25/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Semtech (SMTC) Form 3SEMTECH / Imran Sherazi ownership change