MICROCHIP TECHNOLOGY INC — Director's Dealing 2011

May 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2011-05-09

Reporting Person: LAMBERT DAVID S (VP, Fab Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-09	Common Stock	M	2871	$24.27	Acquired	180919	Indirect
2011-05-09	Common Stock	M	26000	$24.04	Acquired	206919	Indirect
2011-05-09	Common Stock	M	5418	$27.153	Acquired	212237	Indirect
2011-05-09	Common Stock	M	39000	$27.153	Acquired	251337	Indirect
2011-05-09	Common Stock	M	5160	$21.00	Acquired	256497	Indirect
2011-05-09	Common Stock	S	78449	$40.58	Disposed	178048	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-09	Common Stock Option (Right to Buy)	$24.27	M	2871	Disposed	2012-01-22	Common Stock (2871)	Direct
2011-05-09	Common Stock Option (Right to Buy)	$24.04	M	26000	Disposed	2012-10-25	Common Stock (26000)	Direct
2011-05-09	Common Stock Option (Right to Buy)	$27.153	M	5418	Disposed	2012-04-03	Common Stock (5418)	Direct
2011-05-09	Common Stock Option (Right to Buy)	$27.153	M	39000	Disposed	2012-04-03	Common Stock (39000)	Direct
2011-05-09	Common Stock Option (Right to Buy)	$21.00	M	5160	Disposed	2012-08-01	Common Stock (5160)	Direct

Footnotes

F1: Of the 180,919 shares held, 11,554 shares were held Directly; 166,576 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.

F2: Of the 206,919 shares held, 37,554 shares were held Directly; 166,576 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.

F3: Of the 212,337 shares held, 42,972 shares were held Directly; 166,576 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.

F4: Of the 251,337 shares held, 81,972 shares were held Directly; 166,576 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.

F5: Of the 256,497 shares held, 87,132 shares were held Directly; 166,576 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.

F6: Of the 178,048 shares held, 8,683 shares were held Directly; 166,576 shares were held by Trust; 1,339 shares were held by Reporting Person's son; and 1,450 shares were held by Reporting Person's daughter.