Fariborz Assaderaghi - Mar 15, 2024 Form 4 Insider Report for SITIME Corp (SITM)

Signature
Samsheer Ahamad, Attorney-in-fact
Stock symbol
SITM
Transactions as of
Mar 15, 2024
Transactions value $
$0
Form type
4
Date filed
3/19/2024, 09:15 PM
Previous filing
Mar 1, 2024
Next filing
Mar 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Award $0 +10.9K +12.04% $0.00 102K Mar 15, 2024 Direct F1
transaction SITM Common Stock Award $0 +5.47K +5.37% $0.00 107K Mar 15, 2024 Direct F2
transaction SITM Common Stock Award $0 +5.47K +5.1% $0.00 113K Mar 15, 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 105,892 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.

Remarks:

Executive Vice President, Engineering & Technology