SEC Form 4 · accession 0001209191-15-033841
MONOLITHIC POWER SYSTEMS, INC. · MPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Hsing
Officer — CEO · Director
Period of report
Apr 9, 2015
Accepted (ET)
Apr 13, 2015 · 6:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001280452
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 9, 2015 | M | 10,507 | $15.03 | A | 1,149,044 | D | |
| Common StockF2 | Apr 9, 2015 | S | 7,025 | $52.0105 | D | 1,142,019 | D | |
| Common Stock | holding | — | — | — | 29,000 | I | Hsing Fam Foundation | |
| Common Stock | holding | — | — | — | 133,040 | I | by M Hsing 04 Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $15.03 | Apr 9, 2015 | M | 10,507 | D | Oct 28, 2010 | Oct 28, 2015 | Common Stock | 10,507 | 0 | D |
Explanation of responses
- F1In accordance with the reporting person's 10b5-1 trading plan.
- F2The 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 $52.00 to $52.075. 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.
- F3Original option grant was for 300,000 shares. Fifty percent (50%) of the Shares subject to the Option shall vest twenty-four (24) months after the Vesting Commencement Date, and 1/48 of the Shares subject to the Option shall vest monthly thereafter on the same day of the month as the Vesting Commencement Date, subject to the Optionee continuing to be a Service Provider on such dates. All outstanding options have fully vested.