Filing Details

Accession Number:
0001214659-23-001829
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-08 18:54:03
Reporting Period:
2023-02-06
Accepted Time:
2023-02-08 18:54:03
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
1415033 Theodore Blegen 5808 Lake Washington Blvd Ne
Kirkland WA 98033
Cfo No No 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 2023-02-06 608 $446.87 121,195 No 4 S Direct
Common Stock Acquisiton 2023-02-07 22,857 $0.00 144,052 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,331 Indirect Irrevocable Trust FBO Theodore F. Blegen
Common Stock 5,331 Indirect Irrevocable Trust FBO Sarah N. Blegen
Footnotes
  1. The reported sales were to cover taxes upon the vesting of restricted stock units, as required by the Company's equity incentive plan.
  2. On February 2, 2021, the reporting person was granted a target of 7,619 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 7, 2023, 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 15,238 additional shares being earned by the reporting person. Of the 22,857 restricted stock units that were awarded, 11,429 will vest immediately and 11,428 will vest quarterly in the next two years.