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: MOORTHY GANESH (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-15	Common Stock	M	7051	$129.65	Acquired	320134	Indirect
2020-11-15	Common Stock	F	3029	$129.65	Disposed	317105	Indirect
2020-11-15	Common Stock	M	995	$129.65	Acquired	318100	Indirect
2020-11-15	Common Stock	F	428	$129.65	Disposed	317672	Indirect
2020-11-15	Common Stock	M	725	$129.65	Acquired	318397	Indirect
2020-11-15	Common Stock	F	312	$129.65	Disposed	318085	Indirect
2020-11-15	Common Stock	M	3171	$129.65	Acquired	321256	Indirect
2020-11-15	Common Stock	F	1362	$129.65	Disposed	319894	Indirect
2020-11-15	Common Stock	M	300	$129.65	Acquired	320194	Indirect
2020-11-15	Common Stock	F	129	$129.65	Disposed	320065	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-15	Restricted Stock Units	$129.65	M	7051	Disposed		Common Stock (7051.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	995	Disposed		Common Stock (995.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	725	Disposed		Common Stock (725.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	3171	Disposed		Common Stock (3171.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	300	Disposed		Common Stock (300.0)	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.