Michael Hsing - Feb 3, 2022 Form 4 Insider Report for MONOLITHIC POWER SYSTEMS INC (MPWR)

Signature
/s/ Saria Tseng, attorney-in-fact for Mr. Michael R. Hsing
Stock symbol
MPWR
Transactions as of
Feb 3, 2022
Transactions value $
$0
Form type
4
Date filed
2/4/2022, 04:05 PM
Previous filing
Jan 5, 2022
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPWR Common Stock Award $0 +153K +16.13% $0.00 1.1M Feb 3, 2022 Direct F1
holding MPWR Common Stock 133K Feb 3, 2022 by M Hsing 04 Trust
holding MPWR Common Stock 12.8K Feb 3, 2022 ZH Family 2020 Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 4, 2020, the reporting person was granted a target of 51,108 shares of restricted stock units, with the right to earn up to 300% of the target shares, subject to satisfaction of pre-determined, performance-based vesting criteria. On February 3, 2022, the Company's Compensation Committee of the Board of Directors determined and approved the achievement of the performance criteria for the restricted stock units, which resulted in 102,216 additional shares being earned by the reporting person. Of the restricted stock units that were awarded, 76,662 will vest immediately and 76,662 will vest quarterly in the next two years.