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: Bjornholt James Eric (Senior VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-15	Common Stock	M	1773	$83.55	Acquired	29712	Indirect
2020-05-15	Common Stock	F	773	$83.55	Disposed	28939	Indirect
2020-05-15	Common Stock	M	3111	$83.55	Acquired	32050	Indirect
2020-05-15	Common Stock	F	1355	$83.55	Disposed	30695	Indirect
2020-05-15	Common Stock	M	267	$83.55	Acquired	30962	Indirect
2020-05-15	Common Stock	F	117	$83.55	Disposed	30845	Indirect
2020-05-15	Common Stock	M	73	$83.55	Acquired	30918	Indirect
2020-05-15	Common Stock	F	32	$83.55	Disposed	30886	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-15	Restricted Stock Units	$83.55	M	1773	Disposed		Common Stock (1773.0)	Direct
2020-05-15	Restricted Stock Units	$83.55	M	3111	Disposed		Common Stock (3111.0)	Direct
2020-05-15	Restricted Stock Units	$83.55	M	267	Disposed		Common Stock (267.0)	Direct
2020-05-15	Restricted Stock Units	$83.55	M	73	Disposed		Common Stock (73.0)	Direct

Footnotes

F1: 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 expenses in the quarter ended December 31, 2015. Vested shares will be delivered to the reporting person upon vest.

F2: 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.

F3: 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.

F4: 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.