MICROCHIP TECHNOLOGY INC — Director's Dealing 2011

May 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2011-05-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-15	Common Stock	M	714	$40.31	Acquired	10694	Direct
2011-05-15	Common Stock	F	291	$40.31	Disposed	10403	Direct
2011-05-15	Common Stock	M	419	$40.31	Acquired	10822	Direct
2011-05-15	Common Stock	F	171	$40.31	Disposed	10651	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-15	Restricted Stock Units	$40.31	M	714	Disposed		Common Stock (5715)	Direct
2011-05-15	Restricted Stock Units	$40.31	M	419	Disposed		Common Stock (419)	Direct

Footnotes

F1: The restricted stock units will vest in eight equal quarterly installments beginning February 15, 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.

F2: The restricted stock units will vest in full on May 15, 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.