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

Signature
/s/ Saria Tseng
Stock symbol
MPWR
Transactions as of
Feb 3, 2022
Transactions value $
$0
Form type
4
Date filed
2/4/2022, 04:06 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 +39.7K +16.1% $0.00 286K Feb 3, 2022 Direct F1
* 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 13,233 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 26,466 additional shares being earned by the reporting person. Of the restricted stock units that were awarded, 19,851 will vest immediately and 19,848 will vest quarterly in the next two years.