Maurice Sciammas - May 10, 2021 Form 4 Insider Report for MONOLITHIC POWER SYSTEMS INC (MPWR)

Role
Sr. V.P.of Sales and Marketing
Signature
/s/ Saria Tseng, attorney-in-fact for Mr. Maurice Sciammas
Stock symbol
MPWR
Transactions as of
May 10, 2021
Transactions value $
-$402,457
Form type
4
Date filed
5/12/2021, 04:16 PM
Next filing
May 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPWR Common Stock Sale -$402K -1.23K -0.38% $326.41 322K May 10, 2021 Direct F1
holding MPWR Common Stock 15.4K May 10, 2021 By GRAT F2, F3
holding MPWR Common Stock 5.45K May 10, 2021 by Family Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported sales were to cover taxes upon the vesting of restricted stock units, as required by the Company's equity incentive plan.
F2 Ending balance adjusted to reflect distribution of shares from GRAT to Sciammas Family Trust. The transaction is not a reportable item.
F3 The securities are held by four Grantor Retained Annuity Trusts, of which Maurice Sciammas and his wife are the trustee and grantors.