-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CNXUiCY3xeLkl653dycsVJenmR/R6aHIjYfq6FuUmW+GFEb1zqjyZBLcnCzVrw2q bD99uIZOMTsR/8YmJ7y9ZQ== 0000833640-09-000016.txt : 20090203 0000833640-09-000016.hdr.sgml : 20090203 20090203162142 ACCESSION NUMBER: 0000833640-09-000016 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090202 FILED AS OF DATE: 20090203 DATE AS OF CHANGE: 20090203 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BALAKRISHNAN BALU CENTRAL INDEX KEY: 0001182405 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-23441 FILM NUMBER: 09565235 BUSINESS ADDRESS: BUSINESS PHONE: 4084148868 MAIL ADDRESS: STREET 1: C/O POWER INTEGRATIONS STREET 2: 5245 HELLYER AVE CITY: SAN JOSE STATE: CA ZIP: 95138 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: POWER INTEGRATIONS INC CENTRAL INDEX KEY: 0000833640 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 943065014 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5245 HELLYER AVE CITY: SAN JOSE STATE: CA ZIP: 95138 BUSINESS PHONE: 4084149200 MAIL ADDRESS: STREET 1: 5245 HELLYER AVE CITY: SAN JOSE STATE: CA ZIP: 95138 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2009-02-02 0000833640 POWER INTEGRATIONS INC POWI 0001182405 BALAKRISHNAN BALU 5245 HELLYER AVE SAN JOSE CA 95138 0 1 0 0 President and CEO Non-Qualified Stock Option(right to buy) 14.82 2009-02-02 4 D 0 50000 D 2012-02-21 Common Stock 50000 91666 D Non-Qualified Stock Option(right to buy) 21.20 2009-02-02 4 A 0 50000 A 2012-02-21 Common Stock 50000 50000 D The two reported transactions involved an amendment of an outstanding option, resulting for purposes of Section 16 in the deemed cancellation of a portion of the "old" option and the grant of a replacement option. The amendment is solely for the purpose of increasing the exercise price of the portion of the option deemed to have been cancelled and replaced. The option was originally granted on February 21, 2002 and provides for vesting as to 12.5% of the shares on the date 6 months from the date of grant and the remaining shares in 42 equal monthly installments thereafter. /s/ Bill Roeschlein Attorney-In-Fact for Balu Balakrishnan 2009-02-03 -----END PRIVACY-ENHANCED MESSAGE-----