Rajesh Vashist - 12 Aug 2024 Form 4 Insider Report for SITIME Corp (SITM)

Role
Chief Executive Officer, Director
Signature
Samsheer Ahamad, Attorney-in-fact
Issuer symbol
SITM
Transactions as of
12 Aug 2024
Net transactions value
$0
Form type
4
Filing time
12 Aug 2024, 17:20:41 UTC
Previous filing
17 Jun 2024
Next filing
22 Aug 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 +7,225 +1.6% $0.000000 457,592 12 Aug 2024 Direct F1
transaction SITM Common Stock Award $0 +5,419 +1.2% $0.000000 463,011 12 Aug 2024 Direct F2
transaction SITM Common Stock Award $0 +5,419 +1.2% $0.000000 468,430 12 Aug 2024 Direct F3, F4
holding SITM Common Stock 36,781 12 Aug 2024 See Footnote F5
holding SITM Common Stock 1,809 12 Aug 2024 See Footnote F6
holding SITM Common Stock 1,809 12 Aug 2024 See Footnote F7
* 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 August 20, 2024 and 6.25% 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 by SiTime of certain levels of relative total stockholder return over a performance period of two years ending December 31, 2025.
F3 Each performance-based restricted stock unit represents a contingent right to receive one share of common stock. The PRSUs vest upon achievement by SiTime of certain levels of relative total stockholder return over a performance period of three years ending December 31, 2026.
F4 Includes an aggregate of 292,447 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.
F5 The reportable securities are owned directly by Aldebran Constellation LLC, of which the Reporting Person is one of the managers and has voting and investment power over the shares.
F6 The reportable securities are owned directly by Aldebran Rajesh Family Dynasty Trust DTD 09/23/2021, of which the Reporting Person is one of the managers and has voting and investment power over the shares.
F7 The reportable securities are owned directly by Aldebran Rohini Family Dynasty Trust DTD 09/23/2021, of which the Reporting Person is one of the managers and has voting and investment power over the shares.