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MICROCHIP TECHNOLOGY INC — Director's Dealing 2017
Apr 4, 2017
30107_dirs_2017-04-04_388edb4e-cae0-4647-917c-3160614ca9fb.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: 2017-04-03
Reporting Person: Bjornholt James Eric (VP and CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-03 | Restricted Stock Unit | $ | A | 19 | Acquired | Common Stock (19) | Direct | |
| 2017-04-03 | Restricted Stock Units | $ | A | 267 | Acquired | Common Stock (267) | Direct | |
| 2017-04-03 | Restricted Stock Units | $ | A | 2052 | Acquired | Common Stock (2052) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15477 | Indirect |
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 May 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 June 30, 2017. Vested shares will be delivered to the reporting person upon vest.
F3: The restricted stock units will vest in full on May 15, 2020 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 June 30, 2017. Vested shares will be delivered to the reporting person upon vest.
F4: The restricted stock units will vest in full on May 15, 2021 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 June 30, 2017. Vested shares will be delivered to the reporting person upon vest.