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MICROCHIP TECHNOLOGY INC — Director's Dealing 2011
Jan 4, 2011
30107_dirs_2011-01-04_f55061da-3721-4160-a22d-333b3dcbfbd9.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: 2011-01-03
Reporting Person: SANGHI STEVE (Director, President, CEO, Chairman)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-03 | Restricted Stock Units | $ | A | 22612 | Acquired | Common Stock (22612) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4665345 | Indirect |
Footnotes
F1: Of the 4,665,345 shares held, 45,554 shares were held Directly; 4,619,791 shares were held by Trust.
F2: Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F3: The restricted stock units will vest in full on February 15, 2015 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 ended March 31, 2011. Vested shares will be delivered to the reporting person upon vest.