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MICROCHIP TECHNOLOGY INC — Director's Dealing 2015
Oct 2, 2015
30107_dirs_2015-10-02_d0cb4d43-1ffb-4c19-9218-6b5404d0f277.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: 2015-10-01
Reporting Person: DREHOBL STEPHEN V (VP, MCU8 Division)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-10-01 | Restricted Stock Units | $ | M | 170 | Acquired | Common Stock (170) | Direct | |
| 2015-10-01 | Restricted Stock Units | $ | M | 5343 | Acquired | Common Stock (5343) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 13101 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F2: The restricted stock units will vest in full on November 15, 2018 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 Decenber 31, 2015. Vested shares will be delivered to the reporting person upon vest.
F3: The restricted stock units will vest in full on November 15, 2019 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 December 31, 2015. Vested shares will be delivered to the reporting person upon vest.