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MICROCHIP TECHNOLOGY INC Director's Dealing 2010

Nov 3, 2010

30107_dirs_2010-11-03_e8c438a9-afd4-49ed-a9a9-ab7d8606a092.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2010-11-01

Reporting Person: LAMBERT DAVID S (VP, Fab Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-01 Common Stock M 2800 $32.05 Acquired 174022 Indirect
2010-11-01 Common Stock F 842 $32.05 Disposed 173180 Indirect
2010-11-01 Common Stock M 487 $32.05 Acquired 173667 Indirect
2010-11-01 Common Stock F 147 $32.05 Disposed 173520 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-11-01 Restricted Stock Units $32.05 M 2800 Disposed Common Stock (11200) Direct
2010-11-01 Restricted Stock Units $32.05 M 487 Disposed Common Stock (3900) Direct

Footnotes

F1: Of the 174,022 shares held, 8,683 shares were held Directly; 162,550 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.

F2: Of the 173,180 shares held, 8,683 shares were held Directly; 161,708 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.

F3: Of the 173,667 shares held, 8,683 shares were held Directly; 162,195 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.

F4: Of the 173,520 shares held, 8,683 shares were held Directly; 162,048 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.

F5: The restricted stock units vest in four equal quarterly installments beginning May 1, 2010. Vested shares will be delivered to the reporting person upon vest.

F6: The restricted stock units vest in eight equal quarterly installments beginning February 1, 2010, as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.