Filing Details
- Accession Number:
- 0001280452-14-000015
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-02-06 21:56:22
- Reporting Period:
- 2014-02-04
- Filing Date:
- 2014-02-06
- Accepted Time:
- 2014-02-06 21:56:22
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1280452 | Monolithic Power Systems Inc | MPWR | Semiconductors & Related Devices (3674) | 770466789 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1480603 | Meera Rao | 79 Great Oaks Blvd San Jose CA 95119 | Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2014-02-04 | 1,703 | $32.19 | 49,360 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2014-02-04 | 40,198 | $0.00 | 89,558 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2014-02-04 | 8,937 | $0.00 | 98,495 | No | 4 | A | Direct | |
Common Stock | Disposition | 2014-02-05 | 7,648 | $31.17 | 90,847 | No | 4 | S | Direct | |
Common Stock | Disposition | 2014-02-06 | 411 | $31.27 | 90,436 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | A | Direct | |
No | 4 | A | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Footnotes
- Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
- On February 14, 2012, the reporting person was granted a target of 22,243 shares of restricted stock units subject to satisfaction of pre-determined, performance-based vesting criteria. On February 4, 2014, the Company's Board of Directors determined that those performance criteria for the restricted stock units had been satisfied, which resulted in 16,148 additional shares being achieved and granted to the reporting person. In addition, 1,807 shares were granted as a result of an equitable stock dividend adjustment approved by the Board of Directors on December 28, 2012. Of the restricted stock units that were awarded, 20,101 will vest immediately and 20,097 will vest quarterly in the next two years.
- 1/8 of the Restricted Stock Units shall vest quarterly following the Vesting Commencement Date, provided that the Grantee continues to be a Service Provider from the Grant Date through each applicable vesting date. Additionally, 26,812 shares of Restricted Stock Units were granted and shall be subject to satisfaction of performance-based vesting criteria based on achievement of certain long term Company performance targets, as determined by the Compensation Committee of the Company, and additional time vesting subsequent to the achievement of those performance targets, provided that the Grantee continues to be a Service Provider from the grant date through each applicable vesting date.