Piyush B. Sevalia - 15 Mar 2024 Form 4 Insider Report for SITIME Corp (SITM)

Role
EVP, Marketing
Signature
Samsheer Ahamad, Attorney-in-fact
Issuer symbol
SITM
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 21:14:09 UTC
Previous filing
22 Feb 2024
Next filing
13 May 2024
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 +10,946 +14% $0.000000 87,958 15 Mar 2024 Direct F1
transaction SITM Common Stock Award $0 +5,473 +6.2% $0.000000 93,431 15 Mar 2024 Direct F2
transaction SITM Common Stock Award $0 +5,473 +5.9% $0.000000 98,904 15 Mar 2024 Direct F3, 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 vesting 6.25% of the shares on May 20, 2024 and 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 of two years by SiTime.
F3 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 of three years by SiTime.
F4 Includes an aggregate of 85,110 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.