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MONOLITHIC POWER SYSTEMS INC — Director's Dealing 2018
Feb 8, 2018
30057_dirs_2018-02-08_cc1e5738-0b58-4121-9cee-d5b85b72b3a5.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: 2018-02-07
Reporting Person: Sciammas Maurice (Sr. V.P.of Sales and Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-07 | Common Stock | A | 98760 | $20.0 | Acquired | 455098 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2000 | Indirect |
Footnotes
F1: On February 2, 2016, the reporting person was granted a target of 40,193 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 7, 2018, the Company's Board of Directors determined that those performance criteria for the restricted stock units had been satisfied, which resulted in 58,567 additional shares being achieved and earned by the reporting person. Of the restricted stock units that were awarded, 49,380 will vest immediately and 49,380 will vest quarterly in the next two years.