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MONOLITHIC POWER SYSTEMS INC — Director's Dealing 2011
Dec 15, 2011
30057_dirs_2011-12-15_c13d7b51-c716-43ba-8f9a-57252f813470.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: MONOLITHIC POWER SYSTEMS INC (MPWR)
CIK: 0001280452
Period of Report: 2011-02-08
Reporting Person: Hsing Michael (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-08 | Common Stock | A | 153000 | — | Acquired | 436975 | Direct |
Footnotes
F1: The purpose of this amendment to the Form 4 filed with the SEC on February 8, 2011, is to amend and restate the vesting schedule of the originally time-based Restricted Stock Units ("RSUs") granted to the Reporting Person on February 8, 2011 to a combination of time-based and performance-based vesting. Initially, 100% of the RSUs shall vest quarterly over a four year period following the Vesting Commencement Date, provided that the Grantee continues to be a Service Provider from the Grant Date through each applicable vesting date. Under the revised vesting schedule approved by the Compensation Committee of the Company on December 6, 2011, 50% of the RSUs, shall be subject to satisfaction of performance-based vesting criteria determined by the Compensation Committee of the Company, provided that the Grantee continues to be a Service Provider from the Grant Date through each applicable vesting date.