Vincent P. Pangrazio - 15 Mar 2024 Form 4 Insider Report for SITIME Corp (SITM)

Role
EVP, Chief Legal Officer & Corporate Secretary.
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, 21:16:47 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 +5,936 +8.5% $0.000000 76,123 15 Mar 2024 Direct F1
transaction SITM Common Stock Award $0 +2,968 +3.9% $0.000000 79,091 15 Mar 2024 Direct F2
transaction SITM Common Stock Award $0 +2,968 +3.8% $0.000000 82,059 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 60,749 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, Chief Legal Officer & Corporate Secretary.