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SITIME Corp — Director's Dealing 2025
Feb 13, 2025
30717_dirs_2025-02-12_a42c48dc-33dd-45ca-8e65-fb88244f0b4f.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: 2025-02-10
Reporting Person: Sevalia Piyush B (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-10 | Common Stock | A | 2982 | — | Acquired | 78243 | Direct |
| 2025-02-10 | Common Stock | A | 4276 | — | Acquired | 82519 | Direct |
| 2025-02-10 | Common Stock | A | 7342 | — | Acquired | 89861 | Direct |
| 2025-02-10 | Common Stock | A | 7342 | — | Acquired | 97203 | Direct |
Footnotes
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 8,552 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 94,873 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 39,301 restricted stock units that vest over time, and 55,572 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.