Filing Details
- Accession Number:
- 0001280452-15-000054
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-03-18 18:05:58
- Reporting Period:
- 2015-02-03
- Filing Date:
- 2015-03-18
- Accepted Time:
- 2015-03-18 18:05:58
- 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 |
---|---|---|---|---|---|---|---|
1308647 | Deming Xiao | 79 Great Oaks Blvd San Jose CA 95119 | Pres. Of Mps Asia Operations | 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 | Acquisiton | 2015-02-03 | 43,200 | $0.00 | 285,512 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2015-02-17 | 474 | $37.45 | 258,375 | No | 4 | J | Direct | |
Common Stock | Acquisiton | 2015-02-03 | 569 | $0.00 | 2,148 | No | 4 | A | Indirect | by Spouse |
Common Stock | Disposition | 2015-03-16 | 9 | $53.16 | 2,139 | No | 4 | S | Indirect | by Spouse |
Common Stock | Disposition | 2015-03-16 | 166 | $53.16 | 1,973 | No | 4 | S | Indirect | by Spouse |
Common Stock | Disposition | 2015-03-16 | 84 | $53.16 | 1,889 | No | 4 | S | Indirect | by Spouse |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | J | Direct | |
No | 4 | A | Indirect | by Spouse |
No | 4 | S | Indirect | by Spouse |
No | 4 | S | Indirect | by Spouse |
No | 4 | S | Indirect | by Spouse |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Performance Shares | Disposition | 2015-02-03 | 43,200 | $0.00 | 43,200 | $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 |
Footnotes
- Each performance share represents a contingent right to receive a restricted stock unit upon MPWR's common stock achieving a 20-day average closing price of $47.00 per share from January 1, 2014 through December 31, 2018 (the "Performance Period"). Credited performance units are still subject to an additional, quarterly, five-year time-based vesting schedule beginning January 1, 2019, subject to acceleration under certain circumstances.
- Acquired through the Company's qualified ESPP program.
- 1/16 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.
- Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
- Each performance unit will vest as follows: one share of MPWR common stock will be credited for each performance unit if the price of MPWR common stock achieves a 20-day average closing price of $40.00 per share from January 1, 2014 through December 31, 2018 (the "Performance Period"), and up to four additional shares will be credited for each performance unit if the 20-day average closing price reaches $43.00, $47.00, $52.00 and $56.00 (that is, one share per price level) during the Performance Period. Credited performance units are then subject to an additional, quarterly, five-year time-based vesting schedule beginning January 1, 2019, subject to acceleration under certain circumstances.