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: Bjornholt James Eric (Senior VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-15	Common Stock	M	2417	$129.65	Acquired	29092	Indirect
2020-11-15	Common Stock	F	1053	$129.65	Disposed	28039	Indirect
2020-11-15	Common Stock	M	218	$129.65	Acquired	28257	Indirect
2020-11-15	Common Stock	F	95	$129.65	Disposed	28162	Indirect
2020-11-15	Common Stock	M	907	$129.65	Acquired	29069	Indirect
2020-11-15	Common Stock	F	395	$129.65	Disposed	28674	Indirect
2020-11-15	Common Stock	M	83	$129.65	Acquired	28757	Indirect
2020-11-15	Common Stock	F	37	$129.65	Disposed	28720	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-15	Restricted Stock Units	$129.65	M	2417	Disposed		Common Stock (2417.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	218	Disposed		Common Stock (218.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	907	Disposed		Common Stock (907.0)	Direct
2020-11-15	Restricted Stock Units	$129.65	M	83	Disposed		Common Stock (83.0)	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 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, 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.