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MICROCHIP TECHNOLOGY INC Director's Dealing 2010

Feb 2, 2010

30107_dirs_2010-02-02_ce171841-7acd-4e5d-bae9-3b57a4337560.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: 2010-02-01

Reporting Person: Bjornholt James Eric (VP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-01 Common Stock M 165 $26.51 Acquired 6998 Direct
2010-02-01 Common Stock F 63 $26.51 Disposed 6935 Direct
2010-02-01 Common Stock M 32 $26.51 Acquired 6967 Direct
2010-02-01 Common Stock F 13 $26.51 Disposed 6954 Direct
2010-02-01 Common Stock M 76 $26.51 Acquired 7030 Direct
2010-02-01 Common Stock F 29 $26.51 Disposed 7001 Direct
2010-02-01 Common Stock M 77 $26.51 Acquired 7078 Direct
2010-02-01 Common Stock F 30 $26.51 Disposed 7048 Direct
2010-02-01 Common Stock M 3000 $26.51 Acquired 10048 Direct
2010-02-01 Common Stock F 1132 $26.51 Disposed 8916 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-01 Restricted Stock Units $26.51 M 165 Disposed Common Stock (1320) Direct
2010-02-01 Restricted Stock Units $26.51 M 32 Disposed Common Stock (249) Direct
2010-02-01 Restricted Stock Units $26.51 M 76 Disposed Common Stock (152) Direct
2010-02-01 Restricted Stock Units $26.51 M 77 Disposed Common Stock (615) Direct
2010-02-01 Restricted Stock Units $26.51 M 3000 Disposed Common Stock (3000) Direct

Footnotes

F1: The restricted stock units vest in eight equal quarterly installments beginning May 1, 2008. Vested shares will be delivered to the reporting person upon vest.

F2: The restricted stock units will vest 50% on November 1, 2009 and 50% on February 1, 2010 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating income in the six month period ending September 30, 2008.

F3: The restricted stock units will vest in one installment of 76 shares on August 1, 2009 and in seven equal quarterly installments of 77 shares each beginning on November 1, 2009. Vested shares will be delivered to the reporting person upon vest.

F4: The restricted stock units will vest in full on February 1, 2010. Vested shares will be delivered to the reporting person upon vest.