SITIME (SITM) Exec VP Lionel Bonnot Receives Equity Awards

What Happened
Lionel Bonnot, Executive Vice President, Worldwide Sales and Business Development at SiTime (SITM), was granted a total of 15,732 equity awards on February 10, 2026. The transactions are awards/grants (code A) of restricted stock units (RSUs) and performance-based RSUs (PRSUs) issued at $0.00. The awards carry different vesting schedules and performance conditions (see Key Details).

Key Details

• Transaction date: 2026-02-10; Filing date: 2026-02-12 (timely filing).
• Awards: 1,801 + 5,473 + 4,229 + 4,229 = 15,732 shares granted; acquisition price reported $0.00 (RSUs/PRSUs).
• Shares/units after transaction: filing notes an aggregate of 85,485 shares issuable under previously reported unvested RSUs/PRSUs (35,704 time-vesting RSUs; 49,781 PRSUs).
• Notable footnotes:
  • F1: Executive Bonus & Retention Plan RSUs vest 50% on May 20, 2026 and 50% on Aug 20, 2026.
  • F2: Additional PRSU shares (total 10,946 under the PRSU award) vest on Feb 20, 2027 upon achievement of performance criteria.
  • F3: Some RSUs vest 6.25% on Feb 20, 2026 and quarterly thereafter.
  • F4: PRSUs convert to one share each if specified relative total stockholder return metrics are met over a three‑year performance period.
• Transaction type: Award/Grant (A). No cash paid and no sale/purchase of shares occurred in this filing.

Context
These awards are compensation grants, not open-market purchases or sales, and generally represent future rights to receive shares if time-based vesting or performance conditions are satisfied. PRSUs are contingent on SiTime meeting relative or absolute stock-performance targets over multi-year periods, so they may not convert into shares unless those conditions are met. The filing does not indicate immediate liquidity or sale of shares.