Form 4 for POWI POWER INTEGRATIONS INC
Accepted 2024-02-14 00:00:00 ET · period of report 2024-02-12 · accession 0000833640-24-000040 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-02-14 | 2024-02-12+ | POWI | BALAKRISHNAN BALU | Pres, CEO | S - Sale | $78.08 | -9,067 | 511.7K | -2% | -$707.9K |
| I | 2024-02-14 | 2024-02-12 | POWI | BALAKRISHNAN BALU | Pres, CEO | A - Grant | $0.00 | +7,034 | 515.5K | +1% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-12 | S | D | 5,232 | $81.02 | 508,461 | I by Trust | — | — | (F1) Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Restricted Stock Award. |
| 2 | Common | Common Stock | 2024-02-12 | A | A | 7,034 | $0.00 | 515,495 | I by Trust | — | — | (F2) The reporting person was granted a Performance Stock Unit. The Performance Stock Unit vests based on Power Integrations satisfaction of certain performance conditions. The performance conditions for 2023 were met. |
| 3 | Common | Common Stock | 2024-02-13 | S | D | 3,835 | $74.06 | 511,660 | I by Trust | — | — | (F3) Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Performance Stock Unit. |