Rajesh Vashist - 06 Feb 2022 Form 4 Insider Report for SITIME Corp (SITM)

Role
Chief Executive Officer, Director
Signature
Samsheer Ahamad, Attorney-in-fact
Issuer symbol
SITM
Transactions as of
06 Feb 2022
Transactions value $
$0
Form type
4
Filing time
08 Feb 2022, 15:50:46 UTC
Previous filing
20 Jan 2022
Next filing
18 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Award $0 +2.01K +0.36% $0.00 555K 06 Feb 2022 Direct F1
transaction SITM Common Stock Award $0 +95.8K +17.27% $0.00 650K 06 Feb 2022 Direct F2, F3
holding SITM Common Stock 27.1K 06 Feb 2022 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock unit award under the Executive Bonus and Retention Plan vesting as to 50% of the shares on February 20, 2022 and the remaining 50% of the shares on August 20, 2022.
F2 Each performance-based restricted stock unit represents a contingent right to receive one share of common stock. The performance rights vest upon SiTime's common stock achieving specified prices per share.
F3 Includes an aggregate of 611,504 shares of common stock issuable pursuant to the performance-based restricted stock units and previously reported restricted stock units that have not vested.
F4 The reportable securities are owned directly by Aldebran Constellation LLC, of which the Reporting Person is one of the managers and has voting and investment power over the shares.