13G HTML File
DOCUMENT TYPE SC 13G/A
TEXT
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment # 2
Name of Issuer: POWER INTEGRATIONS INC
_____________________________________________________
Title of Class
of Securities: Common Stock
CUSIP Number: 739276103
1) NAME AND I.R.S. IDENTIFICATION NO. OF REPORTING PERSON
Prudential Financial, Inc. 22-3703799
2.) MEMBER OF A GROUP: (a) N/A
(b) N/A
3) SEC USE ONLY:
4) PLACE OF ORGANIZATION: New Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH:
5) Sole Voting Power: 134,459 See
Exhibit A
6) Shared Voting Power: 1,956,164 See Exhibit A
7) Sole Dispositive Power: 134,459 See Exhibit
A
8) Shared Dispositive Power: 1,958,023 See Exhibit
A
9) AGGREGATE AMOUNT BENEFICIALLY OWNED: 2,092,482 See
Exhibit A
10) AGGREGATE AMOUNT IN ROW (9) EXCLUDES SHARES: Not
Applicable
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 7.2 See Exhibit
A
12) TYPE OF REPORTING PERSON: HC
ITEM 1(a). NAME OF ISSUER:
POWER INTEGRATIONS INC
ITEM 1(b). ADDRESS OF ISSUER'S EXECUTIVE OFFICES:
5245 HELLYER AVE
SAN JOSE , CA 95138
ITEM 2(a). NAME OF PERSON FILING:
Prudential Financial, Inc.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
751 Broad Street
Newark, New Jersey 07102-3777
ITEM 2(c). CITIZENSHIP:
New Jersey
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
739276103
ITEM 3. The Person filing this statement is a Parent
Holding Company as
defined in Section 240.13d-1(b)(1)(ii)(G) of the
Securities Exchange
Act of 1934.
ITEM 4. OWNERSHIP:
(a) Number of Shares
Beneficially Owned: 2,092,482
See Exhibit A
(b) Percent of Class: 7.2
(c) Powers No. Of Shares
----------- --------------------
Sole power to vote or 134,459 See Exhibit A
to direct the vote
Shared power to vote or 1,956,164 See Exhibit A
to direct the vote
Sole power to dispose or 134,459 See Exhibit A
to direct disposition
Shared power to dispose 1,958,023 See Exhibit A
or to direct disposition
ITEM 5. OWNERSHIP OF 5% OR LESS OF A CLASS:
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN 5% ON BEHALF OF
ANOTHER PERSON:
Our clients may have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, such
securities which are the subject of this filing.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE ULTIMATE PARENT COMPANY:
See Exhibit A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF
MEMBERS OF THE GROUP:
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
By signing below, Prudential Financial, Inc. certifies that, to the best
of its
knowledge and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired
and are not held in connection with or as a participant in any
transaction
having that purpose or effect.
The filing of this statement should not be construed as an admission
that
Prudential Financial, Inc. is, for purposes of Sections 13 or 16 of the
Securities
Exchange Act of 1934, the beneficial owner of such shares.
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief,
Prudential Financial, Inc. certifies that the information set forth in
this
statement is true, complete and correct.
PRUDENTIAL FINANCIAL, INC.
By: Richard Baker
Second Vice President
Date: 02/11/2013
As of: 12/31/2012
Exhibit A
--------------
ITEM 4. OWNERSHIP:
Through its parent/subsidiary relationship, Prudential Financial, Inc. may
be deemed the beneficial owner of the same securities as the Item 7 listed
subsidiaries and may have direct or indirect voting and/or investment
discretion over 2,092,482 shares.
These shares were acquired in the ordinary course of business, and not
with the purpose or effect of changing or influencing control of the
Issuer. The filing of this statement should not be construed as an
admission that Prudential Financial, Inc. is, for the purposes of Sections
13 or 16 of the Securities Exchange Act of 1934, the beneficial owner of
these shares.
ITEM 7. IDENTIFICATION/CLASSIFICATION:
Prudential Financial, Inc. is a Parent Holding Company and the indirect
parent of the following subsidiaries, who are the beneficial owners of the
number and percentage of securities which are the subject of this filing
as set forth next to their names:
Subsidiaries |
|
Number of Shares |
Percentage |
The Prudential Insurance Company of
America |
IC, IA |
10,000 |
0.03% |
Jennison Associates LLC |
IA |
2,006,403 |
6.93% |
Prudential Investment Management, Inc. |
IA |
0 |
0% |
Quantitative Management Associates LLC |
IA |
76,079 |
0.26% |