SEC Form 4 · accession 0001437749-16-042117
MONOLITHIC POWER SYSTEMS, INC. · MPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deming Xiao
Officer — Pres. of MPS Asia Operations
Period of report
Apr 24, 2012
Accepted (ET)
Nov 14, 2016 · 8:34 pm EST
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 StockF2 | Nov 9, 2016 | S | 5,042 | $76.9137 | D | 273,690 | D | |
| Common StockF3 | Nov 9, 2016 | S | 1,300 | $77.8554 | D | 272,390 | D | |
| Common StockF4 | Apr 24, 2012 | A | 3,500 | $0.00 | A | 3,672 | I | by Spouse |
| Common StockF5 | Feb 4, 2014 | A | 4,533 | $0.00 | A | 8,205 | I | by Spouse |
| Common StockF4 | Apr 22, 2014 | A | 415 | $0.00 | A | 8,620 | I | by Spouse |
| Common Stock | Nov 9, 2016 | S | 833 | $79.346 | D | 7,787 | I | by Spouse |
| Common StockF7 | Nov 9, 2016 | S | 5,482 | $79.391 | D | 2,305 | I | by Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In accordance with the reporting person's l0b5-l 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 $76.52 to $77.48. 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.
- F3The 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 $77.60 to $78.08. 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.
- F41/16 of the Restricted Stock Units vested quarterly following the Vesting Commencement Date, provided that the Grantee continued to be a Service Provider from the Grant Date through each applicable vesting date. The award is now fully vested.
- F5On April 24, 2012, the reporting person was granted a target of 3,500 shares of restricted stock units subject to satisfaction of pre-determined, performance-based vesting criteria. On February 4, 2014, the Company's Board of Directors determined that those performance criteria for the restricted stock units had been satisfied, which resulted in 831 additional shares being achieved and granted to the reporting person. Of the restricted stock units that were awarded, 2,267 vested May I, 2014 and 2,266 vested quarterly in the next two years. In addition, 202 shares were granted as a result of an equitable stock dividend adjustment approved by the Board of Directors on December 28,2012. This award is now fully vested.
- F6Transaction was executed during an authorized trading window in compliance with the Company's Insider Trading Compliance Program.
- F7The 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 $79.3901 to $79.40. 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.