SITIME Corp
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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Sep 30, 2024 · Filed Nov 7, 2024
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Item 5. Other Information
Trading Arrangements
During the quarter ended September 30, 2024, the Company’s following directors and officers (as defined in Rule 16a-1(f) under the Exchange Act)adopted orterminated a “Rule 10b5-1 trading arrangement” (as defined in Item 408(a) of Regulation S-K of the Exchange Act) set forth in the table below, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c):
| Name of the Director or Officer | Designation of Director or Officer | Action | Adoption/Termination Date | Rule 10b5-1 | Expiration Date (1) | Number of securities to be sold |
|---|---|---|---|---|---|---|
| Rajesh Vashist * | Chief Executive Officer | Adoption | March 15, 2024 | X | March 15, 2025 | 25,000 |
| Katherine Schuelke | Director | Adoption | September 6, 2024 | X | December 5, 2025 | 6,933 |
| Lionel Bonnot | Executive Vice President, Worldwide Sales and Business Development | Adoption | September, 11, 2024 | X | August 29, 2025 | 23,879 |
| Piyush Sevalia | Executive Vice President, Marketing | Adoption | September, 11, 2024 | X | June 30, 2025 | 19,736 |
| Vincent Pangrazio | Executive Vice President, Chief Legal Officer and Corporate Secretary | Adoption | September 13, 2024 | X | November 28, 2025 | 8,974 |
(1) Each director and officer's trading arrangement terminates on the earliest of: (i) date stated above (ii) the first date on which all trades set forth in the trading arrangement have been executed, or (iii) such date the trading arrangement is otherwise terminated according to its terms.
- We inadvertently omitted to disclose this 10b5-1 trading plan adopted by Rajesh Vashist, our Chief Executive Officer, on March 15, 2024, in item 5 of Part II in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2024.
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