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POWER INTEGRATIONS INC — Director's Dealing 2020
Feb 8, 2020
31606_dirs_2020-02-07_1ce31158-76ca-412a-bdf8-6b64f140754a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: POWER INTEGRATIONS INC (POWI)
CIK: 0000833640
Period of Report: 2020-02-04
Reporting Person: BALAKRISHNAN BALU (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-04 | Common Stock | A | 22000 | $0.0 | Acquired | 429334 | Indirect |
| 2020-02-06 | Common Stock | A | 13744 | $0.0 | Acquired | 443078 | Indirect |
| 2020-02-06 | Common Stock | M | 47374 | $38.07 | Acquired | 490452 | Indirect |
| 2020-02-06 | Common Stock | S | 47374 | $105.6299 | Disposed | 443078 | Indirect |
| 2020-02-07 | Common Stock | S | 2000 | $104.2 | Disposed | 441078 | Indirect |
| 2020-02-07 | Common Stock | S | 1500 | $104.4907 | Disposed | 439578 | Indirect |
| 2020-02-07 | Common Stock | S | 1750 | $104.6237 | Disposed | 437828 | Indirect |
| 2020-02-07 | Common Stock | S | 1635 | $104.6253 | Disposed | 436193 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-06 | Non-Qualified Stock Option (right to buy) | $38.07 | M | 47374 | Disposed | 2020-05-03 | Common Stock (47374) | Indirect |
Footnotes
F1: 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 2019 were met.
F2: Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Performance Stock Unit.
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