AI assistant
MICROCHIP TECHNOLOGY INC — Director's Dealing 2019
Nov 19, 2019
30107_dirs_2019-11-19_8e84a385-85da-421c-b9c4-01486d83d4a0.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: 2019-11-15
Reporting Person: SANGHI STEVE (Director, President, CEO, Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-15 | Common Stock | M | 12353 | $94.60 | Acquired | 4793920 | Indirect |
| 2019-11-15 | Common Stock | M | 23622 | $94.60 | Acquired | 4817542 | Indirect |
| 2019-11-15 | Common Stock | M | 457 | $94.60 | Acquired | 4817999 | Indirect |
| 2019-11-15 | Common Stock | M | 104 | $94.60 | Acquired | 4818103 | Indirect |
| 2019-11-15 | Common Stock | M | 3553 | $94.60 | Acquired | 4821656 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-15 | Restricted Stock Units | $94.60 | M | 12353 | Disposed | Common Stock (148235) | Direct | |
| 2019-11-15 | Restrcted Stock Units | $94.60 | M | 23622 | Disposed | Common Stock (23622) | Direct | |
| 2019-11-15 | Restricted Stock Units | $94.60 | M | 457 | Disposed | Coimmon Stock (457) | Direct | |
| 2019-11-15 | Restricted Stock Units | $94.60 | M | 104 | Disposed | Common Stock (104) | Direct | |
| 2019-11-15 | Restricted Stock Units | $94.60 | M | 3553 | Disposed | Common Stock (3553) | Direct |
Footnotes
F1: Of the 4,793,920 shares held, 1,840,984 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F2: Of the 4,817,542 shares held, 1,864,606 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F3: Of the 4,817,999 shares held, 1,865,063 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F4: Of the 4,818,103 shares held, 1,865,167 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F5: Of the 4,821,656 shares held, 1,868,720 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
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. Vested shares will be delivered to the reporting person upon vest.
F7: The restricted stock units will vest in full on November 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 December 31, 2015. Vested shares will be delivered to the reporting person upon vest.
F8: The restricted stock units will vest in full on November 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 December 31, 2016. Vested shares will be delivered to the reporting person upon vest.
F9: The restricted stock units will vest in full on November 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 December 31, 2017. Vested shares will be delivered to the reporting person upon vest.
F10: The restricted stock units will vest in full on November 15, 2019 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.