MICROCHIP TECHNOLOGY INC — Director's Dealing 2021

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2021-02-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-15	Common Stock	M	16389	$162.24	Acquired	4967788	Indirect
2021-02-15	Common Stock	M	1506	$162.24	Acquired	4969294	Indirect
2021-02-15	Common Stock	M	6637	$162.24	Acquired	4975931	Indirect
2021-02-15	Common Stock	M	1093	$162.24	Acquired	4977024	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-15	Restricted Stock Units	$162.24	M	16389	Disposed		Common Stock (16389.0)	Direct
2021-02-15	Restricted Stock Units	$162.24	M	1506	Disposed		Common Stock (1506.0)	Direct
2021-02-15	Restricted Stock Units	$162.24	M	6637	Disposed		Common Stock (6637.0)	Direct
2021-02-15	Restricted Stock Units	$162.24	M	1093	Disposed		Common Stock (1093.0)	Direct

Footnotes

F1: Of the 4,967,788 shares held, 2,014,852 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F2: Of the 4,969,294 shares held, 2,016,358 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F3: Of the 4,975,931 shares held, 2,022,995 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.

F4: Of the 4,977,024 shares held, 2,024,088 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 will vest in full on February 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 March 31, 2017. Vested shares will be delivered to the reporting person upon vest.

F6: The restricted stock units will vest in full on February 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 March 31, 2018. Vested shares will be delivered to the reporting person upon vest.

F7: 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.

F8: The restricted stock units will vest in full on February 15, 2021 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.