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MONOLITHIC POWER SYSTEMS INC — Director's Dealing 2013
Nov 13, 2013
30057_dirs_2013-11-13_b1f3b399-c1a2-4fb8-b19c-23024d85dba1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MONOLITHIC POWER SYSTEMS INC (MPWR)
CIK: 0001280452
Period of Report: 2013-11-08
Reporting Person: Sciammas Maurice (Sr. V.P.of Sales and Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-11-08 | Common Stock | S | 1763.0 | $31.05 | Disposed | 99142 | Direct |
| 2013-11-08 | Common Stock | S | 1596.0 | $31.05 | Disposed | 97546 | Direct |
| 2013-11-13 | Common Stock | M | 20000.0 | $17.92 | Acquired | 117546 | Direct |
| 2013-11-13 | Common Stock | S | 20000.0 | $33.0001 | Disposed | 97546 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-13 | Non-Qualified Stock Option (right to buy) | $18.77 | M | 20000.0 | Disposed | 2014-08-03 | Common Stock (20000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12746 | Indirect |
Footnotes
F1: Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
F2: In accordance with the reporting person's 10b5-1 trading plan.
F3: On December 11, 2012, the Company's Board declared a special cash dividend of $1.00 per common share, which was paid on December 28, 2012 to all shareholders of record as of the close of business on December 21, 2012. The Board approved a modification whereby each outstanding option as of December 28, 2012 was increased by a ratio of 1.0471 with a corresponding reduction in the exercise price.
F4: The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $33.00 to $33.025. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.