James Eric Bjornholt - 15 Aug 2021 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Aug 2021
Net transactions value
+$279,161
Form type
4
Filing time
18 Aug 2021, 16:37:47 UTC
Previous filing
09 Aug 2021
Next filing
24 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $289,840 +1,927 +6.7% $150.41 30,573 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $126,344 -840 -2.7% $150.41 29,733 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $136,422 +907 +3.1% $150.41 30,640 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $59,412 -395 -1.3% $150.41 30,245 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $1,203 +8 +0.03% $150.41 30,253 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $602 -4 -0.01% $150.41 30,249 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $7,972 +53 +0.18% $150.41 30,302 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $3,610 -24 -0.08% $150.41 30,278 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $4,211 +28 +0.09% $150.41 30,306 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $1,955 -13 -0.04% $150.41 30,293 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $55,953 +372 +1.2% $150.41 30,665 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $24,517 -163 -0.53% $150.41 30,502 15 Aug 2021 Shares held Indirectly, by Trust.

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCHP Restricted Stock Units Options Exercise $0 -1,927 -100% $0.000000* 0 15 Aug 2021 Common Stock 1,927 $150.41 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -907 -12% $0.000000 6,353 15 Aug 2021 Common Stock 907 $150.41 Direct F2
transaction MCHP Restricted Stock Units Options Exercise $0 -8 -100% $0.000000* 0 15 Aug 2021 Common Stock 8 $150.41 Direct F3
transaction MCHP Restricted Stock Units Options Exercise $0 -53 -100% $0.000000* 0 15 Aug 2021 Common Stock 53 $150.41 Direct F4
transaction MCHP Restricted Stock Units Options Exercise $0 -28 -100% $0.000000* 0 15 Aug 2021 Common Stock 28 $150.41 Direct F4
transaction MCHP Restricted Stock Units Options Exercise $0 -372 -100% $0.000000* 0 15 Aug 2021 Common Stock 372 $150.41 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units will vest in full on August 15, 2021 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expense in the quarter ended September 30, 2017. Vested shares will be delivered to the reporting person upon vest.
F2 The restricted stock units vest in twelve equal quarterly installments beginning August 15, 2020 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expense in the quarter ended December 31, 2018. Vested shares will be delivered to the reporting person upon vest.
F3 The restricted stock units will vest in full on August 15, 2021 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expense in the quarter ending September 30, 2019.. Vested shares will be delivered to the reporting person upon vest.
F4 The restricted stock units will vest in full on August 15, 2021 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.