Sunil Gupta - 07 Feb 2022 Form 4 Insider Report for POWER INTEGRATIONS INC (POWI)

Role
VP of Operations
Signature
By: /s/ Eric Verity Attorney In Fact For: Sunil Gupta
Issuer symbol
POWI
Transactions as of
07 Feb 2022
Transactions value $
-$136,493
Form type
4
Filing time
09 Feb 2022, 19:30:41 UTC
Previous filing
04 Feb 2022
Next filing
26 Aug 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 +4.6K +13.2% $0.00 39.5K 07 Feb 2022 Direct F1
transaction POWI Common Stock Sale -$136K -1.6K -4.06% $85.15 37.8K 08 Feb 2022 Direct F2
* 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 Performance Stock Unit.