Piyush B. Sevalia - 05 Mar 2025 Form 4 Insider Report for SITIME Corp (SITM)

Signature
Samsheer Ahamad, Attorney-in-fact
Issuer symbol
SITM
Transactions as of
05 Mar 2025
Net transactions value
-$242,740
Form type
4
Filing time
07 Mar 2025, 16:18:48 UTC
Previous filing
05 Mar 2025
Next filing
21 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Sale $97,740 -543 -0.58% $180.00 92,304 05 Mar 2025 Direct
transaction SITM Common Stock Sale $145,000 -725 -0.79% $200.00 91,579 06 Mar 2025 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 86,773 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested. These unvested units include 39,753 restricted stock units that vest over time, and 47,020 performance-based restricted stock units that vest based on certain absolute and relative price performance of the issuer's common stock over various performance periods.

Remarks:

EVP, Marketing