Fariborz Assaderaghi - May 2, 2023 Form 4 Insider Report for SITIME Corp (SITM)

Role
Executive Vice President, Engineering & Technology
Signature
Samsheer Ahamad, Attorney-in-fact
Stock symbol
SITM
Transactions as of
May 2, 2023
Transactions value $
-$139,780
Form type
4
Date filed
5/4/2023, 05:51 PM
Previous filing
Apr 4, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Sale -$140K -1.31K -1.14% $106.54 114K May 2, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes an aggregate of 112,760 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units and that have not vested.

Remarks:

Executive Vice President, Engineering & Technology