2 unchanged sentences
In April 2021, our board of directors authorized the use of an additional $50.0 million for the repurchase of our common stock, which was announced on April 29, 2021.
−Removed: In the six months ended June 30, 2021, we repurchased approximately 335,000 of our shares for approximately $26.4 million.
−Removed: As of June 30, 2021, we had approximately $64.9 million remaining in our repurchase program, which has no expiration date.
+Added: In the nine months ended September 30, 2021, we repurchased approximately 455,000 of our shares for approximately $36.2 million.
+Added: As of September 30, 2021, we had approximately $55.1 million remaining in our repurchase program, which has no expiration date.
+Added: In October 2021, our board of directors authorized the use of an additional $50.0 million for the repurchase of our common stock, with repurchases to be executed according to pre-defined price/volume guidelines.
Issuer Purchases of Equity Securities
−Removed: The following table summarizes repurchases of our common stock during the second quarter of fiscal 2021:
−Removed: Total Number of Shares Purchased
−Removed: Average Price Paid Per Share
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
−Removed: Approximate Dollar Value that May Yet be Repurchased Under the Plans or Program
+Added: The following table summarizes repurchases of our common stock during the third quarter of fiscal 2021:
+Added: Dollar Value that
+Added: Total Number of
+Added: Shares Purchased
+Added: Publicly Announced
+Added: Plans or Program
+Added: Shares Purchased
+Added: Plans or Programs
(In millions)
−Removed: April 1, 2021 to April 30, 2021
−Removed: May 1, 2021 to May 31, 2021
−Removed: June 1, 2021 to June 30, 2021
+Added: July 1, 2021 to July 31, 2021
+Added: August 1, 2021 to August 31, 2021
+Added: September 1, 2021 to September 30, 2021
All of the shares repurchased were pursuant to our publicly announced repurchase program.
5 unchanged sentences
Reference is made to Exhibits 3.1 to 3.2
−Removed: Amended and Restated 1997 Employee Stock Purchase Plan
−Removed: Amended and Restated 2016 Incentive Award Plan
−Removed: Second Amendment to Credit Agreement, dated June 7, 2021, between Power Integrations, Inc.
−Removed: and Wells Fargo Bank, National Association
−Removed: Amendment Number Three to the Amended and Restated Wafer Supply Agreement between Power Integrations International, Ltd.
−Removed: And X-FAB Semiconductor Foundries AG, effective as of April 21, 2021
−Removed: Executive Officer Benefits Agreement, dated as of June 14, 2021, between Power Integrations, Inc.
−Removed: and Yang Chiah Yee
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
2 unchanged sentences
Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
−Removed: Incorporation by Reference
−Removed: Exhibit Description
−Removed: Exhibit/Other Reference
XBRL Instance Document - The instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
12 unchanged sentences
POWER INTEGRATIONS, INC.
−Removed: July 29, 2021
+Added: October 28, 2021
/s/ S ANDEEP N AYYAR
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.