Balu Balakrishnan - Feb 7, 2023 Form 4 Insider Report for POWER INTEGRATIONS INC (POWI)

Signature
By: /s/ Eric Verity Attorney In Fact For: Balu Balakrishnan
Stock symbol
POWI
Transactions as of
Feb 7, 2023
Transactions value $
-$901,476
Form type
4
Date filed
2/9/2023, 05:43 PM
Previous filing
Feb 6, 2023
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWI Common Stock Award $0 +7.2K +1.27% $0.00 572K Feb 7, 2023 by Trust F1
transaction POWI Common Stock Award $0 +13.9K +2.43% $0.00 586K Feb 7, 2023 by Trust F1
transaction POWI Common Stock Sale -$308K -3.64K -0.62% $84.59 583K Feb 8, 2023 by Trust F2
transaction POWI Common Stock Sale -$594K -7.02K -1.2% $84.59 576K Feb 8, 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.