Filing Details

Accession Number:
0001214659-23-006517
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-04 16:41:51
Reporting Period:
2023-05-02
Accepted Time:
2023-05-04 16:41:51
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 Acquisiton 2023-05-02 28,210 $0.00 1,078,259 No 4 A Direct
Common Stock Disposition 2023-05-03 11,242 $463.55 1,067,017 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 133,040 Indirect by M Hsing 04 Trust
Common Stock 12,825 Indirect ZH Family 2020 Trust
Footnotes
  1. On February 2, 2021, the reporting person was granted a target number of 28,210 performance units that can be earned subject to the achievement of two performance goals related to certain environmental objectives, with a performance period through December 31, 2023. The performance units vest upon achievement of the goals, but no earlier than December 31, 2022. Once vested, the performance units have a post-vesting sales restriction period of one year. On May 2, 2023, the Compensation Committee of the Board of Directors determined that the environmental goals had been satisfied, which resulted in 28,210 units being credited with the vesting terms described above.
  2. The reported sales were to cover taxes upon the vesting of restricted stock units, as required by the Company's equity incentive plan.