Fariborz Assaderaghi - Jul 3, 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
Jul 3, 2023
Transactions value $
-$131,091
Form type
4
Date filed
7/6/2023, 06:29 PM
Previous filing
Jun 6, 2023
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Sale -$71.3 K -599 -0.55% $119.10 109 K Jul 3, 2023 Direct
transaction SITM Common Stock Sale -$59.8 K -500 -0.46% $119.50 108 K Jul 3, 2023 Direct F1

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 105,246 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