Balu Balakrishnan - Feb 12, 2024 Form 4 Insider Report for POWER INTEGRATIONS INC (POWI)

Role
President and CEO
Signature
By: /s/ Eric Verity Attorney In Fact For: Balu Balakrishnan
Stock symbol
POWI
Transactions as of
Feb 12, 2024
Transactions value $
-$707,917
Form type
4
Date filed
2/14/2024, 09:14 PM
Previous filing
Feb 8, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWI Common Stock Sale -$424K -5.23K -1.02% $81.02 508K Feb 12, 2024 by Trust F1
transaction POWI Common Stock Award $0 +7.03K +1.38% $0.00 515K Feb 12, 2024 by Trust F2
transaction POWI Common Stock Sale -$284K -3.84K -0.74% $74.06 512K Feb 13, 2024 by Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Restricted Stock Award.
F2 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 2023 were met.
F3 Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Performance Stock Unit.