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POWER INTEGRATIONS INC — Director's Dealing 2022
Feb 10, 2022
31606_dirs_2022-02-09_c39a54d6-590a-43b7-b184-251f73658418.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: 2022-02-07
Reporting Person: BALAKRISHNAN BALU (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-07 | Common Stock | A | 64000 | $0.0 | Acquired | 634898 | Indirect |
| 2022-02-07 | Common Stock | S | 4704 | $83.75 | Disposed | 630194 | Indirect |
| 2022-02-07 | Common Stock | A | 22000 | $0.0 | Acquired | 652194 | Indirect |
| 2022-02-08 | Common Stock | S | 31165 | $85.2667 | Disposed | 621029 | Indirect |
| 2022-02-08 | Common Stock | S | 10747 | $85.2667 | Disposed | 610282 | 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 2021 were met.
F2: Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Restricted Stock Award.
F3: Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Performance Stock Unit.
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