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

Role
Chief Financial Officer
Signature
By: /s/ Eric Verity Attorney In Fact For: Sandeep Nayyar
Stock symbol
POWI
Transactions as of
Feb 12, 2024
Transactions value $
-$324,303
Form type
4
Date filed
2/14/2024, 09:15 PM
Previous filing
Feb 13, 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 -$225K -2.81K -4.01% $79.99 67.4K Feb 12, 2024 Direct F1
transaction POWI Common Stock Award $0 +2.46K +3.66% $0.00 69.8K Feb 12, 2024 Direct F2
transaction POWI Common Stock Disposed to Issuer -$99.4K -1.32K -1.89% $75.23 68.5K Feb 13, 2024 Direct 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.