MICROCHIP TECHNOLOGY INC — Director's Dealing 2020

May 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2020-05-15

Reporting Person: SANGHI STEVE (Director, CEO and Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-15	Common Stock	M	12353	$83.55	Acquired	4856868	Indirect
2020-05-15	Common Stock	M	21675	$83.55	Acquired	4878543	Indirect
2020-05-15	Common Stock	M	1860	$83.55	Acquired	4880403	Indirect
2020-05-15	Common Stock	M	1314	$83.55	Acquired	4881717	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-15	Restricted Stock Units	$83.55	M	12353	Disposed		Common Stock (12353.0)	Direct
2020-05-15	Restricted Stock Units	$83.55	M	21675	Disposed		Common Stock (21675.0)	Direct
2020-05-15	Restricted Stock Units	$83.55	M	1860	Disposed		Common Stock (1860.0)	Direct
2020-05-15	Restricted Stock Units	$83.55	M	1314	Disposed		Common Stock (1314.0)	Direct

Footnotes

F1: Of the 4,856,868 shares held, 1,903,932 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F2: Of the 4,878,543 shares held, 1,925,607 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F3: Of the 4,880,403 shares held, 1,927,467 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F4: Of the 4,881,717 shares held, 1,928,781 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 vest in twelve equal quarterly installments beginning November 15, 2017 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, 2015. Vested shares will be delivered to the reporting person upon vest.

F6: The restricted stock units will vest in full on May 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 June 30, 2016. Vested shares will be delivered to the reporting person upon vest.

F7: The restricted stock units will vest in full on May 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 June 30, 2017. Vested shares will be delivered to the reporting person upon vest.

F8: The restricted stock units will vest in full on May 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.