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MICROCHIP TECHNOLOGY INC Director's Dealing 2011

Feb 2, 2011

30107_dirs_2011-02-02_f3a5f568-2397-47a5-b7a3-4b490ffe4192.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: 2011-02-01

Reporting Person: Bjornholt James Eric (VP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-01 Common Stock M 77 $37.19 Acquired 9030 Direct
2011-02-01 Common Stock F 24 $37.19 Disposed 9006 Direct
2011-02-01 Common Stock M 337 $37.19 Acquired 9343 Direct
2011-02-01 Common Stock F 118 $37.19 Disposed 9225 Direct
2011-02-01 Common Stock M 3500 $37.19 Acquired 12725 Direct
2011-02-01 Common Stock F 1164 $37.19 Disposed 11561 Direct
2011-02-02 Common Stock M 1172 $26.14 Acquired 12733 Direct
2011-02-02 Common Stock M 3000 $27.05 Acquired 15733 Direct
2011-02-02 Common Stock M 1500 $27.05 Acquired 17233 Direct
2011-02-02 Common Stock S 5672 $37.219 Disposed 11561 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-01 Restricted Stock Units $37.19 M 337 Disposed Common Stock (1354) Direct
2011-02-01 Restricted Stock Units $37.19 M 77 Disposed Common Stock (615) Direct
2011-02-01 Restricted Stock Units $37.19 M 3500 Disposed Common Stock (3500) Direct
2011-02-02 Common Stock Option (Right to Buy) $26.14 M 1172 Disposed 2013-10-09 Common Stock (1172) Direct
2011-02-02 Common Stock Option (Right to Buy) $27.05 M 3000 Disposed 2014-04-01 Common Stock (3000) Direct
2011-02-02 Common Stock Option (Right to Buy) $27.05 M 1500 Disposed 2014-04-01 Common Stock (1500) 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 August 1, 2009, as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.

F3: The restricted stock units will vest in full on February 1, 2011 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.