Balu Balakrishnan - 07 Feb 2023 Form 4 Insider Report for POWER INTEGRATIONS INC (POWI)

Role
President and CEO
Signature
By: /s/ Eric Verity Attorney In Fact For: Balu Balakrishnan
Issuer symbol
POWI
Transactions as of
07 Feb 2023
Net transactions value
-$901,476
Form type
4
Filing time
09 Feb 2023, 17:43:27 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 +7,200 +1.3% $0.000000 572,427 07 Feb 2023 by Trust F1
transaction POWI Common Stock Award $0 +13,904 +2.4% $0.000000 586,331 07 Feb 2023 by Trust F1
transaction POWI Common Stock Sale $307,569 -3,636 -0.62% $84.59 582,695 08 Feb 2023 by Trust F2
transaction POWI Common Stock Sale $593,906 -7,021 -1.2% $84.59 575,674 08 Feb 2023 by Trust 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.