EVP, WW Sales & Marketing Sciammas Maurice sold $10,225,485 worth of shares (11,000 units at $929.59), decreasing direct ownership by 10% to 103,829 units (SEC Form 4)
$MPWR
Semiconductors
Technology
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
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Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | ||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MONOLITHIC POWER SYSTEMS INC [ MPWR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/07/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 10/07/2024 | S | 226 | D | $922.72 | 114,586 | D | |||
| Common Stock | 10/07/2024 | S | 800 | D | $925.91(1) | 113,786 | D | |||
| Common Stock | 10/07/2024 | S | 75 | D | $926.57 | 113,711 | D | |||
| Common Stock | 10/07/2024 | S | 1,695 | D | $927.4(2) | 112,016 | D | |||
| Common Stock | 10/07/2024 | S | 1,576 | D | $928.39(3) | 110,440 | D | |||
| Common Stock | 10/07/2024 | S | 1,774 | D | $929.55(4) | 108,666 | D | |||
| Common Stock | 10/07/2024 | S | 789 | D | $930.51(5) | 107,877 | D | |||
| Common Stock | 10/07/2024 | S | 2,304 | D | $931.33(6) | 105,573 | D | |||
| Common Stock | 10/07/2024 | S | 1,559 | D | $932.52(7) | 104,014 | D | |||
| Common Stock | 10/07/2024 | S | 2 | D | $933.16 | 104,012 | D | |||
| Common Stock | 10/07/2024 | S | 200 | D | $935 | 103,829(8) | D | |||
| Common Stock | 32,064 | I | Sciammas Family Trust | |||||||
| Common Stock | 23,015 | I | By Sciammas Trust 2020 | |||||||
| Common Stock | 20,206 | I | Various Sciammas GRATs | |||||||
| Common Stock | 13,424 | I | Maurice Sciammas Trust FBO Oski Crew | |||||||
| Common Stock | 13,424 | I | Christina Sciammas Trust FBO Oski Crew | |||||||
| Common Stock | 5,000 | I | Clement Sciammas Family 2021 Trust | |||||||
| Common Stock | 2,000 | I | Rosalind Sciammas Family 2021 Trust | |||||||
| Common Stock | 2,000 | I | Peter Rafferty and Eric Toothill 2021Trust | |||||||
| Common Stock | 1,699 | I | The Joseph Roger Sciammas 2020 Irrevocable Trust | |||||||
| Common Stock | 1,699 | I | The Chloe Liliane Sciammas 2020 Irrevocable Trust | |||||||
| Common Stock | 1,699 | I | The Patrick Francis Sciammas 2020 Irrevocable Trust | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $925.89 to $925.99. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 2. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $927.00 to $927.81. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 3. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $928.14 to $928.69. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 4. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $929.09 to $929.72. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 5. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $930.05 to $930.91. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 6. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $931.00 to $931.85. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 7. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $932.00 to $932.90. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 8. Ending balance includes 17 shares acquired on August 15, 2024 through the Company's qualified ESPP program. |
| Remarks: |
| /s/ Saria Tseng, attorney-in-fact for Mr. Maurice Sciammas | 10/08/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||