MICROCHIP TECHNOLOGY INC — Director's Dealing 2024

Oct 3, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2024-10-01

Reporting Person: Bunker Mathew B (SENIOR VP, OPERATIONS)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-10-01	Performance Stock Units	$	A	1936	Acquired		Common Stock (1936)	Direct
2024-10-01	Performance Stock Units	$	A	379	Acquired		Common Stock (379)	Direct
2024-10-01	Restricted Stock Units	$	A	1935	Acquired		Common Stock (1935)	Direct
2024-10-01	Restricted Stock Units	$	A	378	Acquired		Common Stock (378)	Direct
2024-10-01	Restricted Stock Units	$	A	221	Acquired		Common Stock (221)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20646	Indirect

Footnotes

F1: Of the 20,646 shares held, 20,571 are held directly, and 75 shares are held by the Reporting Person's daughter.

F2: Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.

F3: Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2027. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 40.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2028 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.

F4: Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2027. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 40.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2027 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.

F5: Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.

F6: The restricted stock units will vest in full on November 15, 2028 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.

F7: The restricted stock units will vest in full on November 15, 2027 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.

F8: The restricted stock units will vest in full on August 15, 2026 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.