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MICROCHIP TECHNOLOGY INC — Director's Dealing 2010
Jan 6, 2010
30107_dirs_2010-01-06_1c2bc976-f061-439e-abac-48f39574b450.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: 2009-11-17
Reporting Person: LAMBERT DAVID S (VP, Fab Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-11-17 | Common Stock | G | 560 | $27.11 | Disposed | 166156 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-01-04 | Restricted Stock Units | $ | A | 4236 | Acquired | Common Stock (4236) | Direct | |
| 2010-01-04 | Restricted Stock Units | $ | A | 3810 | Acquired | Common Stock (3810) | Direct |
Footnotes
F1: Of the 166,156 shares held, 4,824 shares were held Directly; 158,543 shares were held by Trust; 1,339 shares were held by Reporting Person's sons; and 1,450 shares were held by Reporting Person's daughter.
F2: Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F3: The restricted stock units will vest in full on February 15, 2014 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating profit in the quarter ended March 31, 2010. Vested shares will be delivered to the reporting person upon vest.
F4: The restricted stock units will vest in eight equal quarterly installments beginning February 15, 2011 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating profit in the quarter ended March 31, 2010. Vested shares will be delivered to the reporting person upon vest.