AI assistant
MICROCHIP TECHNOLOGY INC — Director's Dealing 2017
Nov 16, 2017
30107_dirs_2017-11-16_2a4e5814-6408-40f0-993a-606f35a78762.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2017-11-15
Reporting Person: SANGHI STEVE (Director, President, CEO, Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-15 | Common Stock | M | 23424 | $89.59 | Acquired | 4556213 | Indirect |
| 2017-11-15 | Common Stock | F | 10248 | $89.59 | Disposed | 4545965 | Indirect |
| 2017-11-15 | Common Stock | M | 12352 | $89.59 | Acquired | 4558317 | Indirect |
| 2017-11-15 | Common Stock | F | 5404 | $89.59 | Disposed | 4552913 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-15 | Restricted Stock Unit | $89.59 | M | 23424 | Disposed | Common Stock (23424) | Direct | |
| 2017-11-15 | Restricted Stock Units | $89.59 | M | 12352 | Disposed | Common Stock (148235) | Direct |
Footnotes
F1: Of the 4,556,213 shares held, 1,603.277 shares were held by the Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F2: Of the 4,545,965 shares held, 1,593.029 shares were held by the Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F3: Of the 4,558,317 shares held, 1,605.381 shares were held by the Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F4: Of the 4,552,913 shares held, 1,599.977 shares were held by the Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F5: 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.
F6: 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.