Maurice Sciammas - 10 May 2021 Form 4 Insider Report for MONOLITHIC POWER SYSTEMS INC (MPWR)

Role
Sr. V.P.of Sales and Marketing
Signature
/s/ Saria Tseng, attorney-in-fact for Mr. Maurice Sciammas
Issuer symbol
MPWR
Transactions as of
10 May 2021
Transactions value $
-$402,457
Form type
4
Filing time
12 May 2021, 16:16:07 UTC
Next filing
14 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPWR Common Stock Sale -$402,457 -1,233 -0.38% $326.4 322,072 10 May 2021 Direct F1
holding MPWR Common Stock 15,449 10 May 2021 By GRAT F2, F3
holding MPWR Common Stock 5,446 10 May 2021 by Family Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported sales were to cover taxes upon the vesting of restricted stock units, as required by the Company's equity incentive plan.
F2 Ending balance adjusted to reflect distribution of shares from GRAT to Sciammas Family Trust. The transaction is not a reportable item.
F3 The securities are held by four Grantor Retained Annuity Trusts, of which Maurice Sciammas and his wife are the trustee and grantors.