Rajesh Vashist - Feb 10, 2025 Form 4 Insider Report for SITIME Corp (SITM)

Signature
Samsheer Ahamad, Attorney-in-fact
Stock symbol
SITM
Transactions as of
Feb 10, 2025
Transactions value $
$0
Form type
4
Date filed
2/12/2025, 07:02 PM
Previous filing
Dec 16, 2024
Next filing
Feb 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITM Common Stock Award $0 +7.68K +1.77% $0.00 441K Feb 10, 2025 Direct F1
transaction SITM Common Stock Award $0 +22K +4.98% $0.00 463K Feb 10, 2025 Direct F2
transaction SITM Common Stock Award $0 +21.4K +4.61% $0.00 485K Feb 10, 2025 Direct F3
transaction SITM Common Stock Award $0 +39.7K +8.18% $0.00 524K Feb 10, 2025 Direct F4, F5
holding SITM Common Stock 1.81K Feb 10, 2025 See Footnote F6
holding SITM Common Stock 1.81K Feb 10, 2025 See Footnote F7
holding SITM Common Stock 24.8K Feb 10, 2025 See Footnote F8
* 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 50% of the shares on May 20, 2025 and 50% on August 20, 2025.
F2 Additional shares being granted upon the achievement of performance criteria for performance-based restricted stock units (PRSUs) initially granted on February 21, 2023. Of the total 43,984 shares granted under this PRSU award, 50% will vest on February 20, 2025 and the remaining to vest on Feb 20, 2026.
F3 Restricted stock unit award vesting 6.25% of the shares on February 20, 2025 and quarterly thereafter.
F4 Each performance-based restricted stock unit represents a contingent right to receive one share of common stock. The PRSUs vest upon achievement of certain levels of relative total stockholder return over a performance period of three years by SiTime.
F5 Includes an aggregate of 331,117 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 84,580 restricted stock units that vest over time, and 246,537 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.
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.
F8 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.