Balu Balakrishnan - 07 Feb 2022 Form 4 Insider Report for POWER INTEGRATIONS INC (POWI)

Signature
By: /s/ Eric Verity Attorney In Fact For: Balu Balakrishnan
Issuer symbol
POWI
Transactions as of
07 Feb 2022
Net transactions value
-$3,967,658
Form type
4
Filing time
09 Feb 2022, 19:30:00 UTC
Previous filing
04 Feb 2022
Next filing
16 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWI Common Stock Award $0 +64,000 +11% $0.000000 634,898 07 Feb 2022 by Trust F1
transaction POWI Common Stock Sale $393,960 -4,704 -0.74% $83.75 630,194 07 Feb 2022 by Trust F2
transaction POWI Common Stock Award $0 +22,000 +3.5% $0.000000 652,194 07 Feb 2022 by Trust F1
transaction POWI Common Stock Sale $2,657,337 -31,165 -4.8% $85.27 621,029 08 Feb 2022 by Trust F3
transaction POWI Common Stock Sale $916,361 -10,747 -1.7% $85.27 610,282 08 Feb 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.