Pangrazio Vincent P 4
4 · SITIME Corp · Filed Feb 12, 2025
Insider Transaction Report
Form 4
SITIME CorpSITM
Pangrazio Vincent P
See Remarks
Transactions
- Award
Common Stock
2025-02-10+4,066→ 76,501 total - Award
Common Stock
2025-02-10+2,319→ 68,369 total - Award
Common Stock
2025-02-10+2,982→ 66,050 total - Award
Common Stock
2025-02-10+4,066→ 72,435 total
Footnotes (5)
- [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 4,638 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 62,971 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units and that have not vested. These unvested units include 32,751 restricted stock units that vest over time, and 30,220 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.