Balu Balakrishnan - Feb 7, 2022 Form 4 Insider Report for POWER INTEGRATIONS INC (POWI)

Role
President and CEO
Signature
By: /s/ Eric Verity Attorney In Fact For: Balu Balakrishnan
Stock symbol
POWI
Transactions as of
Feb 7, 2022
Transactions value $
-$3,967,658
Form type
4
Date filed
2/9/2022, 07:30 PM
Previous filing
Feb 4, 2022
Next filing
Feb 16, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWI Common Stock Award $0 +64K +11.21% $0.00 635K Feb 7, 2022 by Trust F1
transaction POWI Common Stock Sale -$394K -4.7K -0.74% $83.75 630K Feb 7, 2022 by Trust F2
transaction POWI Common Stock Award $0 +22K +3.49% $0.00 652K Feb 7, 2022 by Trust F1
transaction POWI Common Stock Sale -$2.66M -31.2K -4.78% $85.27 621K Feb 8, 2022 by Trust F3
transaction POWI Common Stock Sale -$916K -10.7K -1.73% $85.27 610K Feb 8, 2022 by Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted a Performance Stock Unit. The Performance Stock Unit vests based on Power Integrations satisfaction of certain performance conditions. The performance conditions for 2021 were met.
F2 Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Restricted Stock Award.
F3 Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Performance Stock Unit.