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MICROCHIP TECHNOLOGY INC — Director's Dealing 2017
Nov 16, 2017
30107_dirs_2017-11-16_2ee5d582-7f82-40c8-b9cb-545395129d8d.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: 2017-11-15
Reporting Person: LITTLE MITCHELL R (VP, WW Sales and Appns.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-15 | Common Stock | M | 4601 | $89.59 | Acquired | 13579 | Direct |
| 2017-11-15 | Common Stock | F | 2165 | $89.59 | Disposed | 11414 | Direct |
| 2017-11-15 | Common Stock | M | 2426 | $89.59 | Acquired | 13840 | Direct |
| 2017-11-15 | Common Stock | F | 1142 | $89.59 | Disposed | 12698 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-15 | Restricted Stock Unit | $89.59 | M | 4601 | Disposed | Common Stock (4601) | Direct | |
| 2017-11-15 | Restricted Stock Unit | $89.59 | M | 2426 | Disposed | Common Stock (29115) | Direct |
Footnotes
F1: The restricted stock units will vest in full on November 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 December 31, 2016. Vested shares will be delivered to the reporting person upon vest.
F2: The restricted stock units vest in twelve equal quarterly installments beginning November 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 December 31, 2015. Vested shares will be delivered to the reporting person upon vest.