Fwiw
My last sim event had 12:12 from when we finished in the sim to my show time for a trip. I had a normal line and protected min days off. I also wanted a sim that had banker's hours......learned my lesson from that.
So, yes, you can finish your sim at 2pm local MEM and show at 0212 local!! Difficult to sleep after a sim event, though.
It can work on the flip side, if you arrive at 0030 and want a noon show for a sim event, it will not be allowed because you do not have a 12 hour buffer.