Lionel Bonnot - Feb 17, 2023 Form 4 Insider Report for SITIME Corp (SITM)

Role
EVP, Worldwide Sales and Business Development
Signature
Samsheer Ahamad, Attorney-in-fact
Stock symbol
SITM
Transactions as of
Feb 17, 2023
Transactions value $
-$347,811
Form type
4
Date filed
2/22/2023, 06:44 PM
Previous filing
Feb 15, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Tax liability -$348K -2.87K -2.99% $121.40 93K Feb 17, 2023 Direct
transaction SITM Common Stock Award $0 +8.55K +9.19% $0.00 102K Feb 21, 2023 Direct F1
transaction SITM Common Stock Award $0 +4.28K +4.21% $0.00 106K Feb 21, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock unit award vesting 12.5% of the shares on May 20, 2023 and 6.25% quarterly thereafter.
F2 Each performance-based restricted stock unit represents a contingent right to receive one share of common stock. The PRSUs vest upon achievement of certain levels of relative total stockholder return over a performance period by SiTime.
F3 Includes an aggregate of 96,667 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units and that have not vested.

Remarks:

EVP, Worldwide Sales and Business Development