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

Jun 28, 2019

30107_dirs_2019-06-28_03e07be7-3cf7-44fa-a22e-a95ca2a38a25.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4/A — Form 4/A

Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2019-05-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-05-15 Common Stock M 20630 $85.80 Acquired 4728075 Indirect
2019-05-15 Common Stock M 12353 $85.80 Acquired 4740428 Indirect
2019-05-15 Common Stock M 588 $85.80 Acquired 4741016 Indirect
2019-05-15 Common Stock M 128 $85.80 Acquired 4741144 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-05-15 Restricted Stock Units $85.80 M 20630 Disposed Common Stock (20630) Direct
2019-05-15 Restricted Stock Units $85.80 M 12353 Disposed Common Stock (148235) Direct
2019-05-15 Restricted Stock Units $85.80 M 588 Disposed Common Stock (588) Direct
2019-05-15 Restricted Stock Units $85.80 M 128 Disposed Common Stock (128) Direct

Footnotes

F1: Of the 4,728,075 shares held, 1,775,139 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F2: Of the 4,740,428 shares held, 1,787,492 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F3: Of the 4,741,016 shares held, 1,788,080 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F4: Of the 4,741,144 shares held, 1,788,208 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F5: The restricted stock units will vest in full on May 15, 2019 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.

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 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.

F7: The restricted stock units will vest in full on May 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 June 30, 2016. Vested shares will be delivered to the reporting person upon vest.

F8: The restricted stock units will vest in full on May 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 June 30, 2017. Vested shares will be delivered to the reporting person upon vest.

F9: This Amended Form 4 is filed to accurately report the number of shares held at the end of the period. All subsequent reports filed after this date are deemed to include the modification herein.