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MICROCHIP TECHNOLOGY INC — Director's Dealing 2019
Oct 4, 2019
30107_dirs_2019-10-03_da14ed37-e30f-4339-b8b4-d45ac92b760f.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: 2019-10-01
Reporting Person: SANGHI STEVE (Director, President, CEO, Chairman)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-10-01 | Restricted Stock Units | $ | A | 12298 | Acquired | Common Stock (12298) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4781567 | Indirect |
Footnotes
F1: Of the 4,781,567 shares held, 1,828,631 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F2: This Amended Form 4 is filed to remove the second grant reported, which was incorrectly included due to administrative error. All subsequent reports filed after this date are deemed to include the modification herein.
F3: Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F4: The restricted stock units will vest in full on November 15, 2023 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 ending December 31, 2019. Vested shares will be delivered to the reporting person upon vest.