Rajesh Vashist - Jul 19, 2023 Form 4 Insider Report for SITIME Corp (SITM)

Signature
Samsheer Ahamad, Attorney-in-fact
Stock symbol
SITM
Transactions as of
Jul 19, 2023
Transactions value $
-$131,650
Form type
4
Date filed
7/21/2023, 04:59 PM
Previous filing
Jul 14, 2023
Next filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Sale -$66.1K -500 -0.1% $132.20 480K Jul 19, 2023 Direct
transaction SITM Common Stock Sale -$65.6K -500 -0.1% $131.10 479K Jul 19, 2023 Direct F1
holding SITM Common Stock 36.8K Jul 19, 2023 See Footnote F2
* 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 360,628 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.
F2 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.