Filing Details

Accession Number:
0001280452-16-000209
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-01-05 18:25:36
Reporting Period:
2015-12-31
Filing Date:
2016-01-05
Accepted Time:
2016-01-05 18:25:36
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 Disposition 2016-01-05 97 $60.93 608 No 4 S Indirect by Spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Acquisiton 2015-12-31 75,678 $0.00 75,678 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
75,678 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 259,324 Direct
Footnotes
  1. Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
  2. On December 31, 2015, the reporting person was granted a target of 75,678 shares of restricted stock units in four tranches over the next four years subject to satisfaction of share price targets. The vesting of restricted stock units in the second, third and fourth tranches is also subject to satisfaction of certain operational goals and market price hurdles as well as time vesting condition, as determined by the Compensation Committee of the Company. One-third of the shares have no sales restrictions and are sellable upon vesting on January 1, 2020, one-third of the shares have no sales restrictions until January 1, 2021 and one-third of the shares have no sales restrictions until January 1, 2022 subsequent to the achievement of those price and operational targets.