Rajesh Vashist - Dec 15, 2021 Form 4 Insider Report for SITIME Corp (SITM)

Role
Chief Executive Officer, Director
Signature
Samsheer Ahamad, Attorney-in-fact
Stock symbol
SITM
Transactions as of
Dec 15, 2021
Transactions value $
-$1,322,000
Form type
4
Date filed
12/17/2021, 06:56 PM
Previous filing
Nov 23, 2021
Next filing
Jan 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Sale -$1.32M -5K -0.92% $264.40 541K Dec 15, 2021 Direct F1, F2
transaction SITM Common Stock Gift $0 -1.5K -0.28% $0.00 540K Dec 16, 2021 Direct F3
transaction SITM Common Stock Award $0 +18.1K +3.36% $0.00 558K Dec 17, 2021 Direct F4, F5
holding SITM Common Stock 27.1K Dec 15, 2021 See Footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 automatic trading plan adopted by the Reporting Person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.00 to $269.13 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 On December 16, 2021, the Reporting Person made a bona fide gift of 1,500 shares of the Issuer's common stock to Stifel Charitable Inc. The reportable securities are owned directly by Stifel Charitable Inc., and the Reporting Person does not have voting or investment power over the shares.
F4 Restricted stock unit award vesting in equal quarterly installments over four years starting February 20, 2022 and, on each May 20, August 20, November 20, and February 20, thereafter.
F5 Includes an aggregate of 513,725 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
F6 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.