MICROCHIP TECHNOLOGY INC — Director's Dealing 2019

May 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: SIMONCIC RICHARD J (Senior VP, Analog/Intrfce BU)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-15	Common Stock	M	3396	$85.80	Acquired	53901	Indirect
2019-05-15	Common Stock	F	970	$85.80	Disposed	52931	Indirect
2019-05-15	Common Stock	M	2034	$85.80	Acquired	54965	Indirect
2019-05-15	Common Stock	F	625	$85.80	Disposed	54340	Indirect
2019-05-15	Common Stock	M	96	$85.80	Acquired	54436	Indirect
2019-05-15	Common Stock	F	42	$85.80	Disposed	54394	Indirect
2019-05-15	Common Stock	M	21	$85.80	Acquired	54415	Indirect
2019-05-15	Common Stock	F	10	$85.80	Disposed	54405	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-15	Restricted Stock Units	$85.80	M	3396	Disposed		Common Stock (3396)	Direct
2019-05-15	Restricted Stock Units	$85.80	M	2034	Disposed		Common Stock (24402)	Direct
2019-05-15	Restricted Stock Units	$85.80	M	96	Disposed		Common Stock (96)	Direct
2019-05-15	Restricted Stock Units	$85.80	M	21	Disposed		Common Stock (21)	Direct

Footnotes

F1: 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.

F2: 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.

F3: 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.

F4: 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.