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MICROCHIP TECHNOLOGY INC — Director's Dealing 2021
May 19, 2021
30107_dirs_2021-05-19_8928ccad-4d3d-410b-b389-1d83269022dc.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: 2021-05-15
Reporting Person: Bjornholt James Eric (Senior VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-15 | Common Stock | M | 2052 | $143.52 | Acquired | 30005 | Indirect |
| 2021-05-15 | Common Stock | F | 894 | $143.52 | Disposed | 29111 | Indirect |
| 2021-05-15 | Common Stock | M | 907 | $143.52 | Acquired | 30018 | Indirect |
| 2021-05-15 | Common Stock | F | 395 | $143.52 | Disposed | 29623 | Indirect |
| 2021-05-15 | Common Stock | M | 9 | $143.52 | Acquired | 29632 | Indirect |
| 2021-05-15 | Common Stock | F | 4 | $143.52 | Disposed | 29628 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-15 | Restricted Stock Units | $143.52 | M | 2052 | Disposed | Common Stock (2052.0) | Direct | |
| 2021-05-15 | Restricted Stock Units | $143.52 | M | 907 | Disposed | Common Stock (907.0) | Direct | |
| 2021-05-15 | Restricted Stock Units | $143.52 | M | 9 | Disposed | Common Stock (9.0) | Direct |
Footnotes
F1: The restricted stock units will vest in full on May 15, 2021 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.
F2: 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.
F3: The restricted stock units will vest in full on May 15, 2021 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 ending June 30, 2019.. Vested shares will be delivered to the reporting person upon vest.