Filing Details

Accession Number:
0001280452-19-000026
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-13 17:15:08
Reporting Period:
2019-02-11
Accepted Time:
2019-02-13 17:15:08
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
1360833 Maurice Sciammas 4040 Lake Washington Blvd. Ne, Suite 201
Kirkland WA 98033
Sr. V.p.of Sales And Marketing 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 Acquisiton 2019-02-11 74,331 $30.00 471,749 No 4 A Direct
Common Stock Disposition 2019-02-12 23,020 $130.66 448,729 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 2,000 Indirect by Family Trust
Footnotes
  1. On February 7, 2017, the reporting person was granted a target of 28,589 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 45,742 additional shares being earned by the reporting person. Of the restricted stock units that were awarded, 37,167 will vest immediately and 37,164 will vest quarterly in the next two years.
  2. The reported sales were to cover taxes upon the vesting of restricted stock units, as required by the Company's equity incentive plans.