0001451809-22-000012.txt : 20220224 0001451809-22-000012.hdr.sgml : 20220224 20220224175953 ACCESSION NUMBER: 0001451809-22-000012 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220222 FILED AS OF DATE: 20220224 DATE AS OF CHANGE: 20220224 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sevalia Piyush B CENTRAL INDEX KEY: 0001790756 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39135 FILM NUMBER: 22673337 MAIL ADDRESS: STREET 1: C/O SITIME CORPORATION STREET 2: 5451 PATRICK HENRY DRIVE 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] 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 primary_doc.xml PRIMARY DOCUMENT X0306 4 2022-02-22 0 0001451809 SITIME Corp SITM 0001790756 Sevalia Piyush B C/O SITIME CORPORATION 5451 PATRICK HENRY DRIVE SANTA CLARA CA 95054 0 1 0 0 EVP Marketing Common Stock 2022-02-22 4 S 0 3414 181.79 D 120672 D Common Stock 2022-02-23 4 S 0 86 187.84 D 120586 D 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.27 to $185.58 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.40 to $187.89 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. Includes an aggregate of 114,604 shares of common stock issuable pursuant to the performance-based restricted stock units and previously reported restricted stock units that have not vested. Samsheer Ahamad, Attorney-in-fact 2022-02-24