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MICROCHIP TECHNOLOGY INC — Director's Dealing 2018
May 17, 2018
30107_dirs_2018-05-16_acbd96ea-9d2b-4222-a75e-177427dc457d.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: 2018-05-15
Reporting Person: Bjornholt James Eric (VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-15 | Common Stock | M | 2903 | $93.36 | Acquired | 21198 | Indirect |
| 2018-05-15 | Common Stock | F | 829 | $93.36 | Disposed | 20369 | Indirect |
| 2018-05-15 | Common Stock | M | 105 | $93.36 | Acquired | 20474 | Indirect |
| 2018-05-15 | Common Stock | F | 30 | $93.36 | Disposed | 20444 | Indirect |
| 2018-05-15 | Common Stock | M | 1773 | $93.36 | Acquired | 22217 | Indirect |
| 2018-05-15 | Common Stock | F | 507 | $93.36 | Disposed | 21710 | Indirect |
| 2018-05-15 | Common Stock | M | 223 | $93.36 | Acquired | 21933 | Indirect |
| 2018-05-15 | Common Stock | F | 64 | $93.36 | Disposed | 21869 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-15 | Restricted Stock Unit | $93.36 | M | 2903 | Disposed | Common Stock (2903) | Direct | |
| 2018-05-15 | Restricted Stock Units | $93.36 | M | 105 | Disposed | Common Stock (105) | Direct | |
| 2018-05-15 | Restricted Stock Units | $93.36 | M | 1773 | Disposed | Common Stock (21276) | Direct | |
| 2018-05-15 | Restricted Stock Units | $93.36 | M | 223 | Disposed | Common Stock (223) | Direct |
Footnotes
F1: The restricted stock units will vest in full on May 15, 2018 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating profit in the quarter ended June 30, 2014. Vested shares will be delivered to the reporting person upon vest.
F2: The restricted stock units will vest in full on May 15, 2018 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating profit in the quarter ended June 30, 2015. Vested shares will be delivered to the reporting person upon vest.
F3: 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.
F4: The restricted stock units will vest in full on May 15, 2018 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, 2016. Vested shares will be delivered to the reporting person upon vest.