SANDEEP NAYYAR - 07 Feb 2023 Form 4 Insider Report for POWER INTEGRATIONS INC (POWI)

Role
Chief Financial Officer
Signature
By: /s/ Eric Verity Attorney In Fact For: Sandeep Nayyar
Issuer symbol
POWI
Transactions as of
07 Feb 2023
Net transactions value
-$180,337
Form type
4
Filing time
09 Feb 2023, 17:45:27 UTC
Previous filing
06 Feb 2023
Next filing
13 Feb 2023
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 +2,400 +3.1% $0.000000 78,901 07 Feb 2023 Direct F1
transaction POWI Common Stock Award $0 +1,896 +2.4% $0.000000 80,797 07 Feb 2023 Direct F1
transaction POWI Common Stock Sale $102,771 -1,211 -1.5% $84.86 79,586 08 Feb 2023 Direct F2
transaction POWI Common Stock Sale $77,566 -914 -1.1% $84.86 78,672 08 Feb 2023 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 2022 were met.
F2 Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Performance Stock Unit.