MICROCHIP TECHNOLOGY INC — Director's Dealing 2020

Nov 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2020-11-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-15	Common Stock	M	2772	$129.65	Acquired	53767	Indirect
2020-11-15	Common Stock	F	1208	$129.65	Disposed	52559	Indirect
2020-11-15	Common Stock	M	250	$129.65	Acquired	52809	Indirect
2020-11-15	Common Stock	F	109	$129.65	Disposed	52700	Indirect
2020-11-15	Common Stock	M	1000	$129.65	Acquired	53700	Indirect
2020-11-15	Common Stock	F	436	$129.65	Disposed	53264	Indirect
2020-11-15	Common Stock	M	90	$129.65	Acquired	53354	Indirect
2020-11-15	Common Stock	F	40	$129.65	Disposed	53314	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-15	Restricted Stock Units	$129.65	M	2772	Disposed		Common Stock (2772.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	250	Disposed		Common Stock (250.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	1000	Disposed		Common Stock (1000.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	90	Disposed		Common Stock (90.0)	Direct

Footnotes

F1: 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, 2016. Vested shares will be delivered to the reporting person upon vest.

F2: 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, 2017. Vested shares will be delivered to the reporting person upon vest.

F3: The restricted stock units vest in twelve equal quarterly installments beginning August 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, 2018. 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. Vested shares will be delivered to the reporting person upon vest.