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MICROCHIP TECHNOLOGY INC — Director's Dealing 2013
Jan 4, 2013
30107_dirs_2013-01-04_d40818d2-dd7d-429f-9f38-7d2dae4b5316.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: 2013-01-02
Reporting Person: SANGHI STEVE (Director, President, CEO, Chairman)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-01-02 | Restricted Stock Units | $ | M | 27970 | Acquired | Common Stock (27970) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5216283 | Indirect |
Footnotes
F1: Of the 5,216,283 shares held, 2,179,347 shares were held by the Sanghi Family Living Trust; and 3,036,936 shares were held by the Sanghi Family Limited Partnership.
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, 2017 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expense in the quarter ended March 31, 2013. Vested shares will be delivered to the reporting person upon vest.