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MICROCHIP TECHNOLOGY INC — Director's Dealing 2020
Aug 19, 2020
30107_dirs_2020-08-19_c5bb4c73-4078-42b2-b2fd-72132c6c64a9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2020-08-15
Reporting Person: SANGHI STEVE (Director, CEO and Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-15 | Common Stock | M | 12353 | $103.36 | Acquired | 4894070 | Indirect |
| 2020-08-15 | Common Stock | M | 20755 | $103.36 | Acquired | 4914825 | Indirect |
| 2020-08-15 | Common Stock | M | 1747 | $103.36 | Acquired | 4916572 | Indirect |
| 2020-08-15 | Common Stock | M | 6636 | $103.36 | Acquired | 4923208 | Indirect |
| 2020-08-15 | Common Stock | M | 1934 | $103.36 | Acquired | 4925142 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-15 | Restricted Stock Units | $103.36 | M | 12353 | Disposed | Common Stock (12353.0) | Direct | |
| 2020-08-15 | Restricted Stock Units | $103.36 | M | 20755 | Disposed | Common Stock (20755.0) | Direct | |
| 2020-08-15 | Restricted Stock Units | $103.36 | M | 1747 | Disposed | Common Stock (1747.0) | Direct | |
| 2020-08-15 | Restricted Stock Units | $103.36 | M | 6636 | Disposed | Common Stock (6636.0) | Direct | |
| 2020-08-15 | Restricted Stock Units | $103.36 | M | 1934 | Disposed | Common Stock (1934.0) | Direct |
Footnotes
F1: Of the 4,894,070 shares held, 1,941,134 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F2: Of the 4,914,825 shares held, 1,961,889 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F3: Of the 4,916,572 shares held, 1,963,636 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F4: Of the 4,923,208 shares held, 1,970,272 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F5: Of the 4,925,142 shares held, 1,972,206 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F6: 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. Vested shares will be delivered to the reporting person upon vest.
F7: The restricted stock units will vest in full on 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 September 30, 2016. Vested shares will be delivered to the reporting person upon vest.
F8: The restricted stock units will vest in full on 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 September 30, 2017. Vested shares will be delivered to the reporting person upon vest.
F9: 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.
F10: The restricted stock units will vest in full on August 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.