Filing Details
- Accession Number:
- 0000833640-19-000063
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-14 19:57:55
- Reporting Period:
- 2019-02-12
- Accepted Time:
- 2019-02-14 19:57:55
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
833640 | Power Integrations Inc | POWI | Semiconductors & Related Devices (3674) | 943065014 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1517108 | Ben Sutherland | 5245 Hellyer Ave San Jose CA 95138 | Vp Of Sales | 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 | 2019-02-12 | 7,800 | $0.00 | 45,561 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2019-02-13 | 1,320 | $0.00 | 46,881 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2019-02-13 | 5,224 | $0.00 | 52,105 | No | 4 | A | Direct | |
Common Stock | Disposition | 2019-02-14 | 628 | $70.42 | 51,477 | No | 4 | S | Direct | |
Common Stock | Disposition | 2019-02-14 | 1,829 | $70.42 | 49,648 | No | 4 | S | Direct | |
Common Stock | Disposition | 2019-02-14 | 736 | $70.42 | 48,912 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | A | Direct | |
No | 4 | A | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Footnotes
- The reporting person was granted a Performance Stock Unit. The Performance Stock Unit vests based on Power Integrations satisfaction of certain performance conditions. The performance conditions for 2018 were met.
- Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Performance Stock Unit.
- Sale resulted in short-swing profits that Power Integrations is entitled to recoup from Mr. Sutherland under Section 12(b) of the Securities Exchange Act of 1934, which amounted to $70, and Mr. Sutherland has remitted the full amount of $70 to Power Integrations.
- Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Restricted Stock Award.