MICROCHIP TECHNOLOGY INC — Director's Dealing 2010

Nov 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: DREHOBL STEPHEN V (VP, Security, MCU & Tech Div.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-01	Common Stock	M	3200	$32.05	Acquired	12370	Direct
2010-11-01	Common Stock	F	981	$32.05	Disposed	11389	Direct
2010-11-01	Common Stock	M	862	$32.05	Acquired	12251	Direct
2010-11-01	Common Stock	F	265	$32.05	Disposed	11986	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-01	Restricted Stock Units	$32.05	M	3200	Disposed		Common Stock (12800)	Direct
2010-11-01	Restricted Stock Units	$32.05	M	862	Disposed		Common Stock (6900)	Direct

Footnotes

F1: 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.

F2: 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.