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MICROCHIP TECHNOLOGY INC — Director's Dealing 2017
Aug 15, 2017
30107_dirs_2017-08-15_551f465f-8e36-44a1-a63c-9f19bdb2175d.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: 2017-08-15
Reporting Person: SANGHI STEVE (Director, President, CEO, Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-15 | Common Stock | M | 25261 | $84.29 | Acquired | 4531168 | Indirect |
| 2017-08-15 | Common Stock | M | 1621 | $84.29 | Acquired | 4532789 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-15 | Restricted Stock Units | $84.29 | M | 25261 | Disposed | Common Stock (25261) | Direct | |
| 2017-08-15 | Restricted Stock Units | $84.29 | M | 1621 | Disposed | Common Stock (1621) | Direct |
Footnotes
F1: Of the 4,531,168 shares held, 1,578,232 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F2: Of the 4,532,789 shares held, 1,579,853 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F3: The restricted stock units will vest in full on August 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 September 30, 2016. Vested shares will be delivered to the reporting person upon vest.