GANESH MOORTHY - 15 Aug 2021 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role: President & CEO, Director
Signature: Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol: MCHP
Transactions as of: 15 Aug 2021
Net transactions value: +$944,424
Form type: 4
Filing time: 18 Aug 2021, 16:41:38 UTC
Previous filing: 09 Aug 2021
Next filing: 05 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MCHP	Common Stock	Options Exercise	$964,880	+6,415	+1.9%	$150.41	339,926	15 Aug 2021	Shares held Indirectly, by Trust.
transaction	MCHP	Common Stock	Tax liability	$414,530	-2,756	-0.81%	$150.41	337,170	15 Aug 2021	Shares held Indirectly, by Trust.
transaction	MCHP	Common Stock	Options Exercise	$476,950	+3,171	+0.94%	$150.41	340,341	15 Aug 2021	Shares held Indirectly, by Trust.
transaction	MCHP	Common Stock	Tax liability	$204,858	-1,362	-0.4%	$150.41	338,979	15 Aug 2021	Shares held Indirectly, by Trust.
transaction	MCHP	Common Stock	Options Exercise	$13,086	+87	+0.03%	$150.41	339,066	15 Aug 2021	Shares held Indirectly, by Trust.
transaction	MCHP	Common Stock	Tax liability	$5,716	-38	-0.01%	$150.41	339,028	15 Aug 2021	Shares held Indirectly, by Trust.
transaction	MCHP	Common Stock	Options Exercise	$6,768	+45	+0.01%	$150.41	339,073	15 Aug 2021	Shares held Indirectly, by Trust.
transaction	MCHP	Common Stock	Tax liability	$3,008	-20	-0.01%	$150.41	339,053	15 Aug 2021	Shares held Indirectly, by Trust.
transaction	MCHP	Common Stock	Options Exercise	$194,330	+1,292	+0.38%	$150.41	340,345	15 Aug 2021	Shares held Indirectly, by Trust.
transaction	MCHP	Common Stock	Tax liability	$83,478	-555	-0.16%	$150.41	339,790	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	-6,415	-100%	$0.000000^*	0	15 Aug 2021	Common Stock	6,415	$150.41	Direct	F1
transaction	MCHP	Restricted Stock Units	Options Exercise	$0	-3,171	-12%	$0.000000	22,198	15 Aug 2021	Common Stock	3,171	$150.41	Direct	F2
transaction	MCHP	Restricted Stock Units	Options Exercise	$0	-87	-100%	$0.000000^*	0	15 Aug 2021	Common Stock	87	$150.41	Direct	F3
transaction	MCHP	Restricted Stock Units	Options Exercise	$0	-45	-100%	$0.000000^*	0	15 Aug 2021	Common Stock	45	$150.41	Direct	F3
transaction	MCHP	Restricted Stock Units	Options Exercise	$0	-1,292	-100%	$0.000000^*	0	15 Aug 2021	Common Stock	1,292	$150.41	Direct	F3

* 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. Vested shares will be delivered to the reporting person upon vest.