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MICROCHIP TECHNOLOGY INC — Director's Dealing 2025
Jan 6, 2025
30107_dirs_2025-01-06_ce67b9b9-635b-46e3-adc8-5a3534d3d031.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: 2025-01-02
Reporting Person: SANGHI STEVE (Director, CHAIR OF THE BOARD)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-02 | Restricted Stock Units | $ | A | 128861 | Acquired | Common Stock (128861) | Direct | |
| 2025-01-02 | Restricted Stock Units | $ | A | 115414 | Acquired | Common Stock (115414) | Direct | |
| 2025-01-02 | Restricted Stock Units | $ | A | 148133 | Acquired | Common Stock (148133) | Direct | |
| 2025-01-02 | Restricted Stock Units | $ | A | 357 | Acquired | Common Stock (357) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10140346 | Indirect |
Footnotes
F1: Of the 10,140,346 shares held, 4,234,474 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
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, 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: The restricted stock units will vest in two equal quarterly installments of 28,853 shares on May 15, 2026 and August 15, 2026, and two equal quarterly installments of 28,854 shares on November 15, 2026 and February 15, 2027, as long as the individual remains a service provider through the vesting date(s).
F5: The restricted stock units will vest in three equal quarterly installments of 37,033 shares on May 15, 2027, August 15, 2027, and November 15, 2027, and one quarterly installments of 37,034 shares on February 15, 2028, as long as the individual remains a service provider through the vesting date(s).
F6: 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.