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MICROCHIP TECHNOLOGY INC — Director's Dealing 2024
Feb 20, 2024
30107_dirs_2024-02-20_177064ac-c164-45c0-815a-275b0e170c8b.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: MOORTHY GANESH (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-15 | Common Stock | M | 5836 | $82.51 | Acquired | 789652 | Indirect |
| 2024-02-15 | Common Stock | F | 2501 | $82.51 | Disposed | 787151 | Indirect |
| 2024-02-15 | Common Stock | M | 6402 | $82.51 | Acquired | 793553 | Indirect |
| 2024-02-15 | Common Stock | F | 2780 | $82.51 | Disposed | 790773 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-15 | Restricted Stock Units | $82.51 | M | 5836 | Disposed | Common Stock (5836) | Direct | |
| 2024-02-15 | Restricted Stock Units | $82.51 | M | 6402 | Disposed | Common Stock (6402) | 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 two quarterly installments of 6,402 shares beginning November 15, 2023, two quarterly installment of 6,404 shares on May 15, 2024, and eight quarterly installments of 3,202 shares beginning on November 15, 2024, as long as the individual remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest.