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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.