Filing Details

Accession Number:
0001280452-14-000015
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-06 21:56:22
Reporting Period:
2014-02-04
Filing Date:
2014-02-06
Accepted Time:
2014-02-06 21:56:22
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
1480603 Meera Rao 79 Great Oaks Blvd
San Jose CA 95119
Cfo 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 Disposition 2014-02-04 1,703 $32.19 49,360 No 4 S Direct
Common Stock Acquisiton 2014-02-04 40,198 $0.00 89,558 No 4 A Direct
Common Stock Acquisiton 2014-02-04 8,937 $0.00 98,495 No 4 A Direct
Common Stock Disposition 2014-02-05 7,648 $31.17 90,847 No 4 S Direct
Common Stock Disposition 2014-02-06 411 $31.27 90,436 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
  2. On February 14, 2012, the reporting person was granted a target of 22,243 shares of restricted stock units subject to satisfaction of pre-determined, performance-based vesting criteria. On February 4, 2014, the Company's Board of Directors determined that those performance criteria for the restricted stock units had been satisfied, which resulted in 16,148 additional shares being achieved and granted to the reporting person. In addition, 1,807 shares were granted as a result of an equitable stock dividend adjustment approved by the Board of Directors on December 28, 2012. Of the restricted stock units that were awarded, 20,101 will vest immediately and 20,097 will vest quarterly in the next two years.
  3. 1/8 of the Restricted Stock Units shall vest quarterly following the Vesting Commencement Date, provided that the Grantee continues to be a Service Provider from the Grant Date through each applicable vesting date. Additionally, 26,812 shares of Restricted Stock Units were granted and shall be subject to satisfaction of performance-based vesting criteria based on achievement of certain long term Company performance targets, as determined by the Compensation Committee of the Company, and additional time vesting subsequent to the achievement of those performance targets, provided that the Grantee continues to be a Service Provider from the grant date through each applicable vesting date.