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MICROCHIP TECHNOLOGY INC — Director's Dealing 2016
Feb 18, 2016
30107_dirs_2016-02-18_1f7baa1b-ff8a-46f4-b3ba-4d387f075f32.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: 2016-02-15
Reporting Person: SANGHI STEVE (Director, President, CEO, Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-16 | Common Stock | M | 26398 | $41.63 | Acquired | 4838149 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-15 | Restricted Stock Units | $41.63 | M | 26398 | Disposed | Common Stock (26398) | Direct |
Footnotes
F1: Of the 4,838,149 shares held, 1,885,213 shares were held by the Sanghi Trust; and 2,952,936 shares were held by the Sanghi Family Limited Partnership.
F2: The restricted stock units will vest in full on February 15, 2016 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, 2012. Vested shares will be delivered to the reporting person upon vest.
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