Vincent P. Pangrazio - 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, 07:03 PM
Previous filing
Jan 3, 2025
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 +2.98K +4.73% $0.00 66.1K Feb 10, 2025 Direct F1
transaction SITM Common Stock Award $0 +2.32K +3.51% $0.00 68.4K Feb 10, 2025 Direct F2
transaction SITM Common Stock Award $0 +4.07K +5.95% $0.00 72.4K Feb 10, 2025 Direct F3
transaction SITM Common Stock Award $0 +4.07K +5.61% $0.00 76.5K Feb 10, 2025 Direct F4, 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 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 4,638 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 62,971 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units and that have not vested. These unvested units include 32,751 restricted stock units that vest over time, and 30,220 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, Chief Legal Officer & Corporate Secretary.