Samsheer Ahamad - 15 Mar 2024 Form 4 Insider Report for SITIME Corp (SITM)

Role
SVP Finance and Chief Accounting Officer
Signature
Samsheer Ahamad, as Attorney-in-Fact
Issuer symbol
SITM
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 21:21:31 UTC
Previous filing
07 Mar 2024
Next filing
22 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 +5,000 +6.9% $0.000000 77,196 15 Mar 2024 Direct F1
transaction SITM Common Stock Award $0 +6,140 +8% $0.000000 83,336 15 Mar 2024 Direct F2
transaction SITM Common Stock Award $0 +3,070 +3.7% $0.000000 86,406 15 Mar 2024 Direct F3
transaction SITM Common Stock Award $0 +3,070 +3.6% $0.000000 89,476 15 Mar 2024 Direct F4, F5
* 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 12.5% of the shares on May 20, 2024 and quarterly thereafter.
F2 Restricted stock unit award vesting 6.25% of the shares on May 20, 2024 and quarterly thereafter.
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 two years by SiTime.
F4 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.
F5 Includes an aggregate of 38,350 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.

Remarks:

SVP Finance and Chief Accounting Officer