SEC Form 4 · accession 0000833640-17-000008
POWER INTEGRATIONS INC · POWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Doug Bailey
Officer — VP Marketing
Period of report
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 12:04 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 StockF1 | Jan 24, 2017 | S | 1,099 | $69.2343 | D | 24,627 | D | |
| Common Stock | Jan 24, 2017 | M | 2,000 | $21.14 | A | 26,627 | D | |
| Common StockF2 | Jan 24, 2017 | S | 2,000 | $70.00 | D | 24,627 | D |
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) | $21.14 | Jan 24, 2017 | M | 2,000 | D | Oct 28, 2009 | Apr 28, 2019 | Common Stock | 2,000 | 13,000 | D |
Explanation of responses
- F1Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Restricted Stock Award.
- F2This sale is pursuant to a 10B5-1 Sales Plan