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SITIME Corp — Director's Dealing 2021
Feb 24, 2021
30717_dirs_2021-02-24_48a0151d-2ecd-4681-94d0-fb33b7327a0a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SITIME Corp (SITM)
CIK: 0001451809
Period of Report: 2021-02-22
Reporting Person: Assaderaghi Fariborz (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-22 | Common Stock | S | 306 | $114.09 | Disposed | 123798 | Direct |
| 2021-02-23 | Common Stock | S | 554 | $110.72 | Disposed | 123244 | Direct |
Footnotes
F1: Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of previously awarded RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F2: Includes an aggregate of 122,104 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.