Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SITM | Common Stock | Sale | -$3.91M | -21.5K | -3.33% | $181.98 | 624K | Feb 22, 2022 | Direct | F1, F2 |
transaction | SITM | Common Stock | Sale | -$115K | -611 | -0.1% | $187.86 | 623K | Feb 23, 2022 | Direct | F1, F3, F4 |
holding | SITM | Common Stock | 27.1K | Feb 22, 2022 | See Footnote | F5 |
Id | Content |
---|---|
F1 | 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. |
F2 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.02 to $185.63 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. |
F3 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.40 to $187.88 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. |
F4 | Includes an aggregate of 566,519 shares of common stock issuable pursuant to the performance-based restricted stock units and previously reported restricted stock units that have not vested. |
F5 | 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. |