Lionel Bonnot - Aug 23, 2021 Form 4/A - Amendment Insider Report for SITIME Corp (SITM)

Signature
Samsheer Ahamad, Attorney-in-fact
Stock symbol
SITM
Transactions as of
Aug 23, 2021
Transactions value $
-$1,614,908
Form type
4/A - Amendment
Date filed
9/1/2021, 07:41 PM
Date Of Original Report
Aug 25, 2021
Previous filing
Aug 6, 2021
Next filing
Nov 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Sale -$809K -3.99K -3.84% $203.08 99.9K Aug 23, 2021 Direct F2, F4
transaction SITM Common Stock Sale -$36K -177 -0.18% $203.37 99.7K Aug 24, 2021 Direct F2
transaction SITM Common Stock Sale -$770K -3.87K -3.88% $199.13 95.8K Aug 24, 2021 Direct F1, F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An amendment is being filed as the filing on August 25, 2021, inadvertently reported the transaction for sale of 3,865 shares as A instead of D in Table I Box 4. No other change has been made in the Form.
F2 Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of previously awarded RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F3 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 automatic trading plan adopted by the Reporting Person.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.72 to $212.62 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.28 to $200.31 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 Includes an aggregate of 95,589 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.

Remarks:

EVP, Worldwide Sales and Business Development