secwatch.observer — SEC 8-K summary
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Issuer:     SEMTECH CORP (SMTC)
CIK:        0000088941
Form:       8-K/A
Filed at:   2024-06-13T23:59:59+00:00
Accession:  0000088941-24-000082
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Semtech amends CEO equity award description; grants under 2017 plan instead of inducement
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- Awards to CEO Hong Q. Hou will be granted under 2017 Long-Term Equity Incentive Plan, not as inducement grants.
- Equity structure is now consistent with performance stock units awarded to other executive officers for FY2025.
- Amendment filed to correct description in original June 7, 2024 8-K regarding CEO appointment.
- No change to overall compensation or terms, only the plan under which awards are made.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88941/000008894124000082/0000088941-24-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88941/000008894124000082/smtc-20240606.htm
  HTML page:      https://secwatch.observer/filing/0000088941-24-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer