SITIME officer reports tax-withholding share disposition
SITIME Corp officer Samsheer Ahamad reported a tax-related share disposition.
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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.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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?
AI-generated analysis. How Rhea-AI works. Not financial advice.