Bonnot Lionel's Form 4/A amendment
AmendedSITIME Corp (SITM) · filed Sep 1, 2021
- Accession no.
- 0001451809-21-000075
- Filed
- Sep 1, 2021
- Trade date
- Aug 23-24, 2021
- Filing delay
- 9 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Aug 25, 2021
This filing lists 3 non-derivative transactions. Open-market sales total $1.61M. It was filed 9 days after the trade.
This amendment replaces 0001451809-21-000070 (filed Aug 25, 2021).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Bonnot LionelCIK 0001688236 | Officer (See Remarks) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 23, 2021 | Common Stock | SSaleDisposed | −3,985 | $203.08F4 | −$809,273.8 | 99,857 | Direct | |
| Aug 24, 2021 | Common Stock | SSaleDisposed | −177 | $203.37 | −$35,996.49 | 99,680 | Direct | |
| Aug 24, 2021 | Common Stock | SSaleDisposed | −3,865 | $199.13F5 | −$769,637.45 | 95,815 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
An amendment is being filed as the filing on August 25, 2021, inadvertently reported the transaction for sale of 3,865 shares as A instead of D in Table I Box 4. No other change has been made in the Form.
- F2
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.
- F3
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 automatic trading plan adopted by the Reporting Person.
- F4
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.72 to $212.62 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.
Referenced by the price of 1 transaction in Table I.
- F5
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.28 to $200.31 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.
Referenced by the price of 1 transaction in Table I.
- F6
Includes an aggregate of 95,589 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
Remarks
EVP, Worldwide Sales and Business Development