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POWER INTEGRATIONS INC — Director's Dealing 2023
Feb 10, 2023
31606_dirs_2023-02-09_7ce88390-8a7a-412f-a747-66d700195ee8.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: 2023-02-07
Reporting Person: BALAKRISHNAN BALU (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-07 | Common Stock | A | 7200 | $0.0 | Acquired | 572427 | Indirect |
| 2023-02-07 | Common Stock | A | 13904 | $0.0 | Acquired | 586331 | Indirect |
| 2023-02-08 | Common Stock | S | 3636 | $84.59 | Disposed | 582695 | Indirect |
| 2023-02-08 | Common Stock | S | 7021 | $84.59 | Disposed | 575674 | 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 2022 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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