Filing Details
- Accession Number:
- 0001280452-19-000084
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-07-03 17:54:58
- Reporting Period:
- 2019-04-23
- Accepted Time:
- 2019-07-03 17:54:58
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | 2019-04-23 | 21,600 | $0.00 | 1,138,992 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-07-01 | 10,960 | $139.56 | 1,091,815 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2019-07-03 | 16,540 | $134.96 | 1,075,275 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2019-04-23 | 21,600 | $0.00 | 21,600 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 86,400 | No | 4 | M | 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 October 25, 2018, the reporting person was granted a target number of 21,600 performance units and can earn up to a maximum of 108,000 performance units subject to satisfaction of five stock price targets ranging from $140 to $172 over the performance periods from October 25, 2018 to December 31, 2023, as determined by the Compensation Committee of the Company.All performance units are subject to time based vesting and require service through January 1, 2024 or an earlier change in control.Once vested, performance units convert into shares of common stock on a 1-for-1 basis and one-third of the resulting shares have no sales restrictions and are sellable on January 1, 2024, one-third of the shares have sales restrictions until January 1, 2025 and one-third have sales restrictions until January 1, 2026. On April 23, 2019, the first price target had been met and approved by the Compensation Committee, which resulted in 21,600 units being credited, subject to time based vesting above.
- The reported sales were to cover taxes upon the vesting of restricted stock units, as required by the Company's equity incentive plans.
- In accordance with the reporting person's 10b5-1 trading plan.
- The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $134.34 to $136.67. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
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