Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

MICROCHIP TECHNOLOGY INC Director's Dealing 2019

Aug 19, 2019

30107_dirs_2019-08-19_d570858e-21a3-46c7-8b7a-e9467aed6997.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2019-08-15

Reporting Person: SANGHI STEVE (Director, President, CEO, Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-08-15 Common Stock M 21368 $86.84 Acquired 4762512 Indirect
2019-08-15 Common Stock M 12353 $86.84 Acquired 4774865 Indirect
2019-08-15 Common Stock M 563 $86.84 Acquired 4775428 Indirect
2019-08-15 Common Stock M 120 $86.84 Acquired 4775548 Indirect
2019-08-15 Common Stock M 6019 $86.84 Acquired 4781567 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-08-15 Restricted Stock Units $86.84 M 21368 Disposed Common Stock (21368) Direct
2019-08-15 Restricted Stock Units $86.84 M 12353 Disposed Common Stock (148235) Direct
2019-08-15 Restricted Stock Units $86.84 M 563 Disposed Common Stock (563) Direct
2019-08-15 Restricted Stock Units $86.84 M 120 Disposed Common Stock (120) Direct
2019-08-15 Restricted Stock Units $86.84 M 6019 Disposed Commoin Stock (6019) Direct

Footnotes

F1: Of the 4,762,512 shares held, 1,809,576 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F2: Of the 4,774,865 shares held, 1,821,929 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F3: Of the 4,775,428 shares held, 1,822,492 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F4: Of the 4,775,548 shares held, 1,822,612 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F5: 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.

F6: The restricted stock units will vest in full on August 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 September 30, 2015. Vested shares will be delivered to the reporting person upon vest.

F7: 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.

F8: The restricted stock units will vest in full on August 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 September 30, 2016. Vested shares will be delivered to the reporting person upon vest.

F9: The restricted stock units will vest in full on August 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 September 30, 2017. Vested shares will be delivered to the reporting person upon vest.

F10: The restricted stock units will vest in full on August 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.