Filing Details

Accession Number:
0001451809-21-000082
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-23 20:50:59
Reporting Period:
2021-11-22
Accepted Time:
2021-11-23 20:50:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1451809 Sitime Corp SITM () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1339076 Rajesh Vashist C/O Sitime Corporation
5451 Patrick Henry Dr.
Santa Clara CA 95054
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-11-22 21,809 $255.50 547,083 No 4 S Direct
Common Stock Disposition 2021-11-23 1,072 $277.15 546,011 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 27,107 Indirect See Footnote
Footnotes
  1. 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.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.18 to $265.06 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $273.09 to $280.34 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. Includes an aggregate of 495,624 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
  5. 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.