secwatch.observer — SEC 8-K summary
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Issuer:     SEMTECH CORP (SMTC)
CIK:        0000088941
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001193125-23-179636
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Semtech appoints Hong Q. Hou to board of directors, effective July 1, 2023
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- Hong Q. Hou appointed to Semtech board as independent director effective July 1, 2023.
- Dr. Hou also joins Compensation Committee; receives $55K annual board retainer plus $10K committee retainer.
- Initial equity awards: Non-Deferred RSU and Deferred RSU each with grant date fair value of $90,000.
- Appointment made under March 2023 cooperation agreement with Lion Point Capital.
- Board size increases to 11 directors following recent appointments of Fischer and Walsh.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88941/000119312523179636/0001193125-23-179636-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88941/000119312523179636/d442746d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-179636

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