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MICROCHIP TECHNOLOGY INC — Director's Dealing 2025
Jul 21, 2025
30107_dirs_2025-07-21_c77fcf2c-9c24-4f9f-8931-adc4db585589.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
Period of Report: 2025-01-02
Reporting Person: Bunker Mathew B (SENIOR VP, OPERATIONS)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-02 | Restricted Stock Units | $ | A | 2637 | Acquired | Common Stock (2637) | Direct | |
| 2025-01-02 | Performance Stock Units | $ | A | 2637 | Acquired | Common Stock (2637) | Direct | |
| 2025-01-02 | Restricted Stock Units | $ | A | 515 | Acquired | Common Stock (515) | Direct | |
| 2025-01-02 | Performance Stock Units | $ | A | 516 | Acquired | Common Stock (516) | Direct | |
| 2025-01-02 | Restricted Stock Units | $ | A | 257 | Acquired | Common Stock (257) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 23606 | Indirect |
Footnotes
F1: Of the 23,606 shares held, 23,531 are held directly, and 75 shares are held by the Reporting Person's daughter.
F2: Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F3: The restricted stock units will vest in full on February 15, 2029 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
F4: Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F5: 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 December 31, 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 25.0% 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 February 15, 2029 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.
F6: The restricted stock units will vest in full on February 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: This Form 4 is being amended to correctly reflect the performance period for this PSU grant as 8 quarters. All subsequent Reports filed after this date are deemed to include the modification herein.
F8: 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 8 quarters ending December 31, 2026. 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 25.0% over the 8 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 February 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.
F9: The restricted stock units will vest in full on November 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.