0001451809-25-000022.txt : 20250212
0001451809-25-000022.hdr.sgml : 20250212
20250212190247
ACCESSION NUMBER: 0001451809-25-000022
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250210
FILED AS OF DATE: 20250212
DATE AS OF CHANGE: 20250212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: VASHIST RAJESH
CENTRAL INDEX KEY: 0001339076
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39135
FILM NUMBER: 25616611
MAIL ADDRESS:
STREET 1: C/O SITIME CORPORATION
STREET 2: 5451 PATRICK HENRY DR.
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SITIME Corp
CENTRAL INDEX KEY: 0001451809
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 201199709
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: SITIME CORPORATION
STREET 2: 5451 PATRICK HENRY DRIVE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
BUSINESS PHONE: 408-328-4400
MAIL ADDRESS:
STREET 1: SITIME CORPORATION
STREET 2: 5451 PATRICK HENRY DRIVE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
4
1
wk-form4_1739404959.xml
FORM 4
X0508
4
2025-02-10
0
0001451809
SITIME Corp
SITM
0001339076
VASHIST RAJESH
C/O SITIME CORPORATION
5451 PATRICK HENRY DR.
SANTA CLARA
CA
95054
1
1
0
0
Chief Executive Officer
0
Common Stock
2025-02-10
4
A
0
7681
0
A
441288
D
Common Stock
2025-02-10
4
A
0
21992
0
A
463280
D
Common Stock
2025-02-10
4
A
0
21350
0
A
484630
D
Common Stock
2025-02-10
4
A
0
39651
0
A
524281
D
Common Stock
1809
I
See Footnote
Common Stock
1809
I
See Footnote
Common Stock
24781
I
See Footnote
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.
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.
Restricted stock unit award vesting 6.25% of the shares on February 20, 2025 and quarterly thereafter.
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.
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.
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.
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.
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.
Samsheer Ahamad, Attorney-in-fact
2025-02-12