Form 4: Semtech Director Gregory Michael Fischer Reports Acquisition of Restricted Stock Units

Gregory Michael Fischer, a director of Semtech Corp, reported the acquisition of restricted stock units on July 1, 2024.

Summary

• On July 1, 2024, Gregory Michael Fischer, a director of Semtech Corp, acquired 2,857 restricted stock units.
• These stock units are the economic equivalent of one share of Semtech common stock.
• The stock units vest on the earlier of the one year anniversary of the award and the day immediately preceding the date of the first annual meeting of shareholders following the grant.
• 2,857 of the stock units are payable in cash on the last date that the Director renders services to the Company.
• 2,857 of the stock units are payable in shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Stakeholder Impact

• The acquisition of restricted stock units by a director may have a minor positive impact on shareholder sentiment, aligning management's interests with those of the shareholders.

Key Dates