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MICROCHIP TECHNOLOGY INC — Director's Dealing 2025
Apr 3, 2025
30107_dirs_2025-04-03_797f1292-7014-4933-bd00-001768309347.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: 2025-04-01
Reporting Person: Bjornholt James Eric (SENIOR VP AND CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-01 | Restricted Stock Units | $ | A | 4059 | Acquired | Common Stock (4059) | Direct | |
| 2025-04-01 | Restricted Stock Units | $ | A | 403 | Acquired | Common Stock (403) | Direct | |
| 2025-04-01 | Performance Stock Units | $ | A | 4060 | Acquired | Common Stock (4060) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 33540 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F2: The restricted stock units will vest in full on May 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.
F3: The restricted stock units will vest in full on May 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.
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 March 31, 2028. 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 29.0% 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 May 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.