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
  1. 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.
  2. Acquired through the Company's qualified ESPP program.
  3. 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.
  4. Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
  5. 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.