Form 4 for MPWR Monolithic Power Systems
Accepted 2022-02-04 00:00:00 ET · period of report 2022-02-03 · accession 0001214659-22-001921 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-02-04 | 2022-02-03 | MPWR | Hsing Michael | CEO, Dir | A - Grant | $0.00 | +153.3K | 1.10M | +16% | $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 | 2022-02-03 | A | A | 153,324 | $0.00 | 1,103,649 | D | — | — | (F1) On February 4, 2020, the reporting person was granted a target of 51,108 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 3, 2022, 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 102,216 additional shares being earned by the reporting person. Of the restricted stock units that were awarded, 76,662 will vest immediately and 76,662 will vest quarterly in the next two years. |