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MICROCHIP TECHNOLOGY INC — Director's Dealing 2010
Aug 3, 2010
30107_dirs_2010-08-03_7d29092b-705c-42ba-9251-9bd4651a6e03.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: 2010-08-01
Reporting Person: SANGHI STEVE (Director, President, CEO, Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-01 | Common Stock | M | 16250 | $30.65 | Acquired | 4643545 | Indirect |
| 2010-08-02 | Common Stock | M | 2775 | $30.65 | Acquired | 4646320 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-01 | Restricted Stock Units | $30.65 | M | 16250 | Disposed | Common Stock (65000) | Direct | |
| 2010-08-02 | Restricted Stock Units | $30.65 | M | 2775 | Disposed | Common Stock (22200) | Direct |
Footnotes
F1: Of the 4,643,545 shares held, 45,554 shares were held Directly; 4,597,991 shares were held by Trust.
F2: Of the 4,646,320 shares held, 45,554 shares were held Directly; 4,600,766 shares were held by Trust.
F3: 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.
F4: 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 and the Company achieves performance targets for operating profit in the quarter ending June 30, 2009. Vested shares will be delivered to the reporting person upon vest.