Filing Details
- Accession Number:
- 0001280452-19-000027
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-13 17:15:46
- Reporting Period:
- 2019-02-11
- Accepted Time:
- 2019-02-13 17:15:46
- 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 |
---|---|---|---|---|---|---|---|
1415033 | Theodore Blegen | 4040 Lake Washington Blvd. Ne, Suite 201 Kirkland WA 98033 | Cfo | No | Yes | No | No |
Transaction Summary
Sold: | 12,656 shares | Avg. Price: $130.66 | Total Value: $1,653,596.26 |
Number of Shares After Transactions: | 85,144 shares |
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 | 2019-02-11 | 43,893 | $30.00 | 97,800 | No | 4 | A | Direct | |
Common Stock | Disposition | 2019-02-12 | 12,656 | $130.66 | 85,144 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Footnotes
- On February 7, 2017, the reporting person was granted a target of 16,882 shares of restricted stock units, with the right to earn up to 300% of the target shares, subject to satisfaction of pre-determined, performance-based vesting criteria. On February 11, 2019, the Company's Compensation Committee of the Board of Directors determined and approved the achievement of the performance criteria for the restricted stock units, which resulted in 27,011 additional shares being earned by the reporting person. Of the restricted stock units that were awarded, 21,947 will vest immediately and 21,946 will vest quarterly in the next two years.
- The reported sales were to cover taxes upon the vesting of restricted stock units, as required by the Company's equity incentive plans.