Piyush B. Sevalia - 20 May 2024 Form 4 Insider Report for SITIME Corp (SITM)

Signature
Samsheer Ahamad, Attorney-in-fact
Issuer symbol
SITM
Transactions as of
20 May 2024
Net transactions value
-$711,420
Form type
4
Filing time
22 May 2024, 18:53:39 UTC
Previous filing
13 May 2024
Next filing
31 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Tax liability $576,090 -4,402 -4.5% $130.87 92,734 20 May 2024 Direct
transaction SITM Common Stock Sale $135,330 -1,041 -1.1% $130.00 91,693 20 May 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes an aggregate of 76,233 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.