CHADWICK ARTHUR D 4
4 · SITIME Corp · Filed Nov 23, 2021
Insider Transaction Report
Form 4
SITIME CorpSITM
CHADWICK ARTHUR D
See Remarks
Transactions
- Sale
Common Stock
2021-11-22$255.29/sh−4,851$1,238,412→ 83,923 total - Sale
Common Stock
2021-11-23$278.52/sh−240$66,845→ 83,683 total
Footnotes (4)
- [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]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.25 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.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.48 to $279.55 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.
- [F4]Includes an aggregate of 64,542 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.