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MICROCHIP TECHNOLOGY INC — Director's Dealing 2020
Feb 20, 2020
30107_dirs_2020-02-20_7199e1eb-6779-448a-9205-4ccce4be06d2.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: 2020-02-15
Reporting Person: SANGHI STEVE (Director, CEO and Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-15 | Common Stock | M | 12353 | $106.96 | Acquired | 4834009 | Indirect |
| 2020-02-15 | Common Stock | F | 3698 | $106.96 | Disposed | 4830311 | Indirect |
| 2020-02-15 | Common Stock | M | 21675 | $106.96 | Acquired | 4851986 | Indirect |
| 2020-02-15 | Common Stock | F | 8920 | $106.96 | Disposed | 4843066 | Indirect |
| 2020-02-15 | Common Stock | M | 444 | $106.96 | Acquired | 4843510 | Indirect |
| 2020-02-15 | Common Stock | F | 183 | $106.96 | Disposed | 4843327 | Indirect |
| 2020-02-15 | Common Stock | M | 104 | $106.96 | Acquired | 4843431 | Indirect |
| 2020-02-15 | Common Stock | F | 43 | $106.96 | Disposed | 4843388 | Indirect |
| 2020-02-15 | Common Stock | M | 1415 | $106.96 | Acquired | 4844803 | Indirect |
| 2020-02-15 | Common Stock | F | 583 | $106.96 | Disposed | 4844220 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-15 | Restricted Stock Units | $106.96 | M | 12353 | Disposed | Common Stock (148235.0) | Direct | |
| 2020-02-15 | Restricted Stock Units | $106.96 | M | 21675 | Disposed | Common Stock (21675.0) | Direct | |
| 2020-02-15 | Restricted Stock Units | $106.96 | M | 444 | Disposed | Common Stock (444.0) | Direct | |
| 2020-02-15 | Restricted Stock Units | $106.96 | M | 104 | Disposed | Common Stock (104.0) | Direct | |
| 2020-02-15 | Restricted Stock Units | $106.96 | M | 1415 | Disposed | Common Stock (1415.0) | Direct |
Footnotes
F1: Of the 4,834,009 shares held, 1,881,073 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F2: Of the 4,830,311 shares held, 1,877,375 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F3: Of the 4,851,986 shares held, 1,899,050 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F4: Of the 4,843,066 shares held, 1,890,130 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F5: Of the 4,843,510 shares held, 1,890,574 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F6: Of the 4,843,327 shares held, 1,890,391 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F7: Of the 4,843,431 shares held, 1,890,495 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F8: Of the 4,843,388 shares held, 1,890,452 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F9: Of the 4,844,803 shares held, 1,891,867 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F10: Of the 4,844,220 shares held, 1,891,284 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F11: 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.
F12: The restricted stock units will vest in full on February 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 March 31, 2016. Vested shares will be delivered to the reporting person upon vest.
F13: The restricted stock units will vest in full on February 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 March 31, 2017. Vested shares will be delivered to the reporting person upon vest.
F14: The restricted stock units will vest in full on February 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 March 31, 2018. Vested shares will be delivered to the reporting person upon vest.
F15: The restricted stock units will vest in full on February 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.