Rajesh Vashist - Aug 16, 2022 Form 4 Insider Report for SITIME Corp (SITM)

Signature
Samsheer Ahamad, Attorney-in-fact
Stock symbol
SITM
Transactions as of
Aug 16, 2022
Transactions value $
-$626,900
Form type
4
Date filed
8/18/2022, 06:13 PM
Previous filing
Jul 22, 2022
Next filing
Aug 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Award $0 +2.56K +0.47% $0.00 543K Aug 16, 2022 Direct F1
transaction SITM Common Stock Sale -$627K -5K -0.92% $125.38 538K Aug 17, 2022 Direct F2, F3, F4
holding SITM Common Stock 36.8K Aug 16, 2022 See Footnote 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 under the Executive Bonus and Retention Plan vesting as to 50% of the shares on August 20, 2022 and the remaining 50% of the shares on February 20, 2023.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 automatic trading plan adopted by the Reporting Person.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.40 to $126.50 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.
F4 Includes an aggregate of 526,780 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units and 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.