Semtech director exercises RSUs, receives 5,321 shares
Semtech director Ye Jane Li reported equity compensation activity involving restricted stock units (RSUs) and common shares.
Rhea-AI Filing Summary
Semtech director Ye Jane Li reported equity compensation activity involving restricted stock units (RSUs) and common shares. She received a grant of 1,180 RSUs, each representing the right to receive one share of Semtech common stock. A separate RSU award of 5,321 units fully vested and was converted into 5,321 shares of common stock, leaving no units from that award outstanding.
Following these transactions, Li holds 6,050 Semtech common shares directly. In addition, a family trust, for which she serves as trustee and whose beneficiaries are herself and her immediate family, holds 5,735 common shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,321 shares exercised/converted
Exercise
4 txns
Insider
Li Ye Jane
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,180 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 5,321 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,321 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,180 contracts (Direct);
Common Stock — 6,050 shares (Direct);
Common Stock — 5,735 shares (Indirect, By Family Trust)
Footnotes (4)
- F1. The shares of Semtech common stock held by The Ye Jane Li Grantor Retained Annuity Trust are reported in Table I as being owned indirectly. The reporting person is trustee of The Ye Jane Li Grantor Retained Annuity Trust, and the reporting person and members of her immediate family are the sole beneficiaries of the trust.
- F2. Each stock unit represents the contingent right to receive one share of Semtech common stock.
- F3. This RSU award fully vested on the day immediately preceding the 2026 Annual Meeting of Stockholders.
- F4. 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 stockholders following the grant and are payable in shares.
Key Figures
RSUs granted: 1,180 units
RSUs exercised: 5,321 units
Direct common shares after: 6,050 shares
+3 more
6 metrics
RSUs granted
1,180 units
New restricted stock unit award to director
RSUs exercised
5,321 units
Converted into 5,321 common shares
Direct common shares after
6,050 shares
Director’s direct Semtech holdings post-transaction
Indirect common shares
5,735 shares
Held via Ye Jane Li Grantor Retained Annuity Trust
Derivative exercises
1 transaction
Exercise or conversion of derivative security (RSUs)
RSU to share ratio
1:1
Each stock unit equals one Semtech common share
Key Terms
Restricted Stock Unit, Grantor Retained Annuity Trust, indirectly, Annual Meeting of Stockholders, +1 more
5 terms
Restricted Stock Unit financial
"Each stock unit represents the contingent right to receive one share of Semtech common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Grantor Retained Annuity Trust financial
"The shares of Semtech common stock held by The Ye Jane Li Grantor Retained Annuity Trust are reported in Table I as being owned indirectly."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
indirectly financial
"The shares of Semtech common stock held by The Ye Jane Li Grantor Retained Annuity Trust are reported in Table I as being owned indirectly."
Annual Meeting of Stockholders financial
"This RSU award fully vested on the day immediately preceding the 2026 Annual Meeting of Stockholders."
contingent right financial
"Each stock unit represents the contingent right to receive one share of Semtech common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Semtech (SMTC) director Ye Jane Li report?
Ye Jane Li reported RSU grants and an RSU conversion into common stock. She received 1,180 new RSUs and exercised 5,321 previously granted RSUs into 5,321 Semtech common shares, with no open-market buying or selling disclosed in this filing.
What are the details of the new RSU grant to Semtech (SMTC) director Ye Jane Li?
Li received a grant of 1,180 restricted stock units. Each RSU represents the contingent right to receive one share of Semtech common stock, with vesting tied to the earlier of one year from grant or the day before the next annual stockholders’ meeting.
How did the RSUs exercised by Ye Jane Li in Semtech (SMTC) vest?
The 5,321 RSUs exercised had fully vested before conversion. The filing notes this RSU award vested on the day immediately preceding the 2026 Annual Meeting of Stockholders, after which it was settled in 5,321 shares of Semtech common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
