Filing Details

Accession Number:
0001214659-23-001830
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-08 18:54:19
Reporting Period:
2023-02-06
Accepted Time:
2023-02-08 18:54:19
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 5808 Lake Washington Blvd Ne
Kirkland WA 98033
Ceo 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 3,691 $446.88 977,093 No 4 S Direct
Common Stock Acquisiton 2023-02-07 112,839 $0.00 1,089,932 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 133,040 Indirect by M Hsing 04 Trust
Common Stock 12,825 Indirect ZH Family 2020 Trust
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 37,613 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 75,226 additional shares being earned by the reporting person. Of the 112,839 restricted stock units that were awarded, 56,420 will vest immediately and 56,419 will vest quarterly in the next two years.