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MICROCHIP TECHNOLOGY INC — Director's Dealing 2024
Feb 20, 2024
30107_dirs_2024-02-20_4b7a1e34-f1d2-4eb8-8cc1-6669199fa6d8.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: 2024-02-15
Reporting Person: SIMONCIC RICHARD J (Exec VP, Analog/Intrfce BU)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-15 | Common Stock | M | 1762 | $82.51 | Acquired | 130883 | Indirect |
| 2024-02-15 | Common Stock | F | 480 | $82.51 | Disposed | 130403 | Indirect |
| 2024-02-15 | Common Stock | M | 1406 | $82.51 | Acquired | 131809 | Indirect |
| 2024-02-15 | Common Stock | F | 459 | $82.51 | Disposed | 131350 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-15 | Restricted Stock Units | $82.51 | M | 1762 | Disposed | Common Stock (1762) | Direct | |
| 2024-02-15 | Restricted Stock Units | $82.51 | M | 1406 | Disposed | Common Stock (1406) | Direct |
Footnotes
F1: The restricted stock units vested in full on February 15, 2024. Vested shares were delivered to the reporting person upon vest.
F2: The restricted stock units vest in three quarterly installments of 1,406 shares beginning November 15, 2023, one quarterly installment of 702 shares on November 15, 2024, one quarterly installment of 704 shares on February 15, 2025 and six quarterly installments of 702 shares beginning on May 15, 2025 as long as the individual remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest.