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

Role
EVP, Chief Legal Officer & Corporate Secretary.
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, 09:16 PM
Previous filing
Feb 22, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Award $0 +5.94K +8.46% $0.00 76.1K Mar 15, 2024 Direct F1
transaction SITM Common Stock Award $0 +2.97K +3.9% $0.00 79.1K Mar 15, 2024 Direct F2
transaction SITM Common Stock Award $0 +2.97K +3.75% $0.00 82.1K 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 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.