SITIME officer reports tax-withholding share disposition
SITIME Corp officer Samsheer Ahamad reported a tax-related share disposition.
Rhea-AI Filing Summary
SITIME Corp officer Samsheer Ahamad reported a tax-related share disposition. On the reported date, 2,214 shares of common stock were disposed of at $406.97 per share to satisfy tax obligations, leaving him with 49,824 shares of common stock held directly.
The holdings figure includes 29,836 shares underlying previously reported restricted stock units and performance-based restricted stock units that have not yet vested. These unvested units comprise 16,902 time-based restricted stock units and 12,934 performance-based units tied to absolute and relative price performance over various performance periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,214 | $406.97 | $901K |
Footnotes (1)
- F1. Includes an aggregate of 29,836 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 16,902 restricted stock units that vest over time, and 12,934 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.
FAQ
What insider transaction did SITIME Corp (SITM) disclose for Samsheer Ahamad?
Was the SITIME Corp (SITM) Form 4 transaction an open-market sale?
What unvested equity awards does Samsheer Ahamad have in SITIME Corp (SITM)?
What does transaction code F mean in the SITIME Corp (SITM) Form 4?
How is the nature of Samsheer Ahamad’s SITIME Corp (SITM) ownership described?
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