SEC Form 4 · accession 0000833640-19-000023
POWER INTEGRATIONS INC · POWI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ben Sutherland
Officer — VP of Sales
Period of report
Sep 28, 2018
Accepted (ET)
Feb 5, 2019 · 12:16 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 | Sep 28, 2018 | P | 18 | $62.49 | A | 40,098 | D | |
| Common StockF1,F2 | Dec 31, 2018 | P | 18 | $60.5466 | A | 39,800 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares acquired by Mr. Sutherland upon automatic reinvestment of cash dividends from the Issuer through his brokerage account.
- F2A number of the purchases resulted in short-swing profits that Power Integrations is entitled to recoup from Mr. Sutherland under Section 12(b) of the Securities Exchange Act of 1934, which aggregated to $1271, and Mr. Sutherland has remitted the full amount of $1271 to Power Integrations.