SEC Form 4 · accession 0000833640-15-000187
POWER INTEGRATIONS INC · POWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Balu Balakrishnan
Officer — President and CEO
Period of report
Nov 3, 2015
Accepted (ET)
Nov 5, 2015 · 5:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000833640
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 3, 2015 | S | 17,950 | $51.1267 | D | 225,745 | I | by Trust |
| Common Stock | Nov 4, 2015 | S | 10,000 | $51.36 | D | 215,745 | I | by Trust |
| Common Stock | Nov 5, 2015 | S | 12,594 | $51.39 | D | 203,151 | I | by Trust |
| Common Stock | holding | — | — | — | 172,318 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Balakrishnan intends to use the proceeds of this sale to purchase shares of Power Integrations via an exercise-and-hold transaction, exercising stock options that are scheduled to expire in early 2016