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Insider Trading Arrangements | 3 Months Ended | 9 Months Ended
--- | --- | ---
Oct. 27, 2024 shares | Oct. 27, 2024 shares
Trading Arrangements, by Individual |  |
Material Terms of Trading Arrangement |  | The following table sets forth certain information regarding any "Rule 10b5-1 trading arrangements" (a "trading plan") or "non-Rule 10b5-1 trading arrangements," each as defined Item 408 of Regulation S-K, adopted or terminated by the Company's directors and executive officers during the third fiscal quarter ended October 27, 2024. All of these trading plans were adopted during the Company's quarterly open trading window in accordance with the Company's Stock Trading Guidelines for Semtech Stock.
|  |  |  | Date of Action |  | Trading Arrangements |  |  |  |
Name and Title |  | Action |  |  | Rule 10b5-1(a) |  | Non-Rule 10b5-1(b) |  | Total Shares to be Sold (c) |  | Duration (d)
Mark Lin |  | Adopt |  | 09/17/2024 |  | X |  |  |  | 68,113 (e) |  | December 17, 2024 through September 9, 2025
EVP and Chief Financial Officer |  |  |  |  |  |  |  |  |  |  |
Imran Sherazi |  | Adopt |  | 09/19/2024 |  | X |  |  |  | 14,488 (f) |  | December 19, 2024 through December 25, 2025
SVP and General Manager, Signal Integrity Products Group |  |  |  |  |  |  |  |  |  |  |
Asaf Silberstein |  | Adopt |  | 09/05/2024 |  | X |  |  |  | 15,500 |  | December 6, 2024 through September 30, 2025
EVP and Chief Operating Officer |  |  |  |  |  |  |  |  |  |  |
Gregory Fischer |  | Adopt |  | 09/04/2024 |  | X |  |  |  | 1,888 |  | December 10, 2024 through December 31, 2025
Director |  |  |  |  |  |  |  |  |  |  |
(a) Intended to satisfy the affirmative defense of Rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). (b) Not intended to satisfy the affirmative defense of 10b5-1(c) promulgated under the Exchange Act. (c) The numbers in this column represent the maximum number of shares of our common stock that may be sold pursuant to each trading plan. (d) Transactions under the trading plan may occur during the specified plan duration period and will expire the earlier of the end of the specified plan duration period or the completion of all sales under such trading plan. (e) This number includes shares of our common stock issuable pursuant to unvested restricted stock unit awards ("RSUs") and unvested performance stock units ("PSUs"). The PSUs are subject to the achievement of certain performance conditions as set forth in the applicable PSU agreement. The actual number of PSUs that vest following the end of an applicable performance period, if any, vary and therefore the resulting shares of our common stock available for sale under the plan will depend on the attainment of the performance metrics. The maximum number of shares to be sold will be reduced by net shares withheld to satisfy tax withholding obligations that arise in connection with the vesting and settlement. (f) This number includes shares of our common stock issuable pursuant to unvested RSUs. The maximum number of shares to be sold will be reduced by net shares withheld to satisfy tax withholding obligations that arise in connection with the vesting and settlement.
Non-Rule 10b5-1 Arrangement Adopted | false |
Rule 10b5-1 Arrangement Terminated | false |
Non-Rule 10b5-1 Arrangement Terminated | false |
Mark Lin [Member] |  |
Trading Arrangements, by Individual |  |
Name | Mark Lin |
Title | EVP and Chief Financial Officer |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | 09/17/2024 |
Arrangement Duration | 357 days |
Aggregate Available | 68,113 | 68,113
Imran Sherazi [Member] |  |
Trading Arrangements, by Individual |  |
Name | Imran Sherazi |
Title | SVP and General Manager, Signal Integrity Products Group |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | 09/19/2024 |
Arrangement Duration | 462 days |
Aggregate Available | 14,488 | 14,488
Asaf Silberstein [Member] |  |
Trading Arrangements, by Individual |  |
Name | Asaf Silberstein |
Title | EVP and Chief Operating Officer |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | 09/05/2024 |
Arrangement Duration | 390 days |
Aggregate Available | 15,500 | 15,500
Gregory Fischer [Member] |  |
Trading Arrangements, by Individual |  |
Name | Gregory Fischer |
Title | Director |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | 09/04/2024 |
Arrangement Duration | 483 days |
Aggregate Available | 1,888 | 1,888

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