Home > Insider Trading > Filing (0001280452-19-000025)

Filing Details

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
1308676	Michael Hsing	4040 Lake Washington Blvd. Ne, Suite 201 Kirkland WA 98033	Ceo	Yes	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	Acquisiton	2019-02-11	254,220	$30.00	1,314,098	No	4	A	Direct
Common Stock	Disposition	2019-02-12	72,851	$130.66	1,241,247	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	133,040	Indirect	by M Hsing 04 Trust

Footnotes

On February 7, 2017, the reporting person was granted a target of 97,777 shares of restricted stock units, with the right to earn up to 300% of the target shares, subject to satisfaction of pre-determined, performance-based vesting criteria. On February 11, 2019, the Company's Compensation Committee of the Board of Directors determined and approved the achievement of the performance criteria for the restricted stock units, which resulted in 156,443 additional shares being earned by the reporting person. Of the restricted stock units that were awarded, 127,111 will vest immediately and 127,109 will vest quarterly in the next two years.
The reported sales were to cover taxes upon the vesting of restricted stock units, as required by the Company's equity incentive plans.