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MICROCHIP TECHNOLOGY INC Director's Dealing 2019

Oct 2, 2019

30107_dirs_2019-10-02_f180238b-4fca-46e7-afb9-4d97c1b687ec.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
2019-10-01 Restricted Stock Units $ A 151 Acquired Common Stock (151) 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: Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.

F3: 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.

F4: The restricted stock units will vest in full on November 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 December 31, 2019. Vested shares will be delivered to the reporting person upon vest.