AI assistant
SITIME Corp — Director's Dealing 2025
Feb 13, 2025
30717_dirs_2025-02-12_c04a23f5-8882-4d0f-a711-607a09783523.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SITIME Corp (SITM)
CIK: 0001451809
Period of Report: 2025-02-10
Reporting Person: VASHIST RAJESH (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-10 | Common Stock | A | 7681 | — | Acquired | 441288 | Direct |
| 2025-02-10 | Common Stock | A | 21992 | — | Acquired | 463280 | Direct |
| 2025-02-10 | Common Stock | A | 21350 | — | Acquired | 484630 | Direct |
| 2025-02-10 | Common Stock | A | 39651 | — | Acquired | 524281 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1809 | Indirect |
| Common Stock | 1809 | Indirect |
| Common Stock | 24781 | Indirect |
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 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.