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: SANGHI STEVE (Director, CEO and Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-15	Common Stock	M	16840	$129.65	Acquired	4941982	Indirect
2020-11-15	Common Stock	M	1517	$129.65	Acquired	4943499	Indirect
2020-11-15	Common Stock	M	6636	$129.65	Acquired	4950135	Indirect
2020-11-15	Common Stock	M	1264	$129.65	Acquired	4951399	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-15	Restricted Stock Units	$129.65	M	16840	Disposed		Common Stock (16840.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	1517	Disposed		Common Stock (1517.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	6636	Disposed		Common Stock (6636.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	1264	Disposed		Common Stock (1264.0)	Direct

Footnotes

F1: Of the 4,941,982 shares held, 1,989,046 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F2: Of the 4,943,499 shares held, 1,990,563 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F3: Of the 4,950,135 shares held, 1,997,199 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F4: Of the 4,951,399 shares held, 1,998,463 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 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.

F6: 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.

F7: 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.

F8: 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.