SANDEEP NAYYAR - 07 Feb 2022 Form 4 Insider Report for POWER INTEGRATIONS INC (POWI)

Signature
By: /s/ Eric Verity Attorney In Fact For: Sandeep Nayyar
Issuer symbol
POWI
Transactions as of
07 Feb 2022
Net transactions value
-$979,658
Form type
4
Filing time
09 Feb 2022, 19:34:17 UTC
Previous filing
04 Feb 2022
Next filing
15 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWI Common Stock Sale $129,505 -1,547 -2% $83.71 75,606 07 Feb 2022 Direct F1
transaction POWI Common Stock Award $0 +7,000 +9.3% $0.000000 82,606 07 Feb 2022 Direct F2
transaction POWI Common Stock Award $0 +14,800 +18% $0.000000 97,406 07 Feb 2022 Direct F2
transaction POWI Common Stock Sale $291,640 -3,415 -3.5% $85.40 93,991 08 Feb 2022 Direct F3
transaction POWI Common Stock Sale $558,513 -6,540 -7% $85.40 87,451 08 Feb 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Restricted Stock Award.
F2 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.
F3 Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Performance Stock Unit.