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: Bjornholt James Eric (Senior VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-15	Common Stock	M	2961	$85.80	Acquired	26015	Indirect
2019-05-15	Common Stock	F	846	$85.80	Disposed	25169	Indirect
2019-05-15	Common Stock	M	1773	$85.80	Acquired	26942	Indirect
2019-05-15	Common Stock	F	507	$85.80	Disposed	26435	Indirect
2019-05-15	Common Stock	M	84	$85.80	Acquired	26519	Indirect
2019-05-15	Common Stock	F	24	$85.80	Disposed	26495	Indirect
2019-05-15	Common Stock	M	19	$85.80	Acquired	26514	Indirect
2019-05-15	Common Stock	F	6	$85.80	Disposed	26508	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-15	Restricted Stock Units	$85.80	M	2961	Disposed		Common Stock (2961)	Direct
2019-05-15	Restricted Stock Units	$85.80	M	1773	Disposed		Common Stock (21276)	Direct
2019-05-15	Restricted Stock Units	$85.80	M	84	Disposed		Common Stock (84)	Direct
2019-05-15	Restricted Stock Units	$85.80	M	19	Disposed		Common Stock (19)	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.