Steve Sanghi - 15 Aug 2021 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Executive Chair, Director
Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Aug 2021
Net transactions value
+$3,853,053
Form type
4
Filing time
18 Aug 2021, 16:42:11 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 $2,019,405 +13,426 +0.27% $150.41 5,016,223 15 Aug 2021 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Options Exercise $998,271 +6,637 +0.13% $150.41 5,022,860 15 Aug 2021 Shares held Indirectly, by Trust and by Family Limited Partnership. F2
transaction MCHP Common Stock Options Exercise $22,562 +150 +0% $150.41 5,023,010 15 Aug 2021 Shares held Indirectly, by Trust and by Family Limited Partnership. F3
transaction MCHP Common Stock Options Exercise $11,732 +78 +0% $150.41 5,023,088 15 Aug 2021 Shares held Indirectly, by Trust and by Family Limited Partnership. F4
transaction MCHP Common Stock Options Exercise $801,084 +5,326 +0.11% $150.41 5,028,414 15 Aug 2021 Shares held Indirectly, by Trust and by Family Limited Partnership. F5

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 -13,426 -100% $0.000000* 0 15 Aug 2021 Common Stock 13,426 $150.41 Direct F6
transaction MCHP Restricted Stock Units Options Exercise $0 -6,637 -12% $0.000000 46,459 15 Aug 2021 Common Stock 6,637 $150.41 Direct F7
transaction MCHP Restricted Stock Units Options Exercise $0 -150 -100% $0.000000* 0 15 Aug 2021 Common Stock 150 $150.41 Direct F8
transaction MCHP Restricted Stock Units Options Exercise $0 -78 -100% $0.000000* 0 15 Aug 2021 Common Stock 78 $150.41 Direct F8
transaction MCHP Restricted Stock Units Options Exercise $0 -5,326 -100% $0.000000* 0 15 Aug 2021 Common Stock 5,326 $150.41 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 5,016,223 shares held, 2,063,287 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F2 Of the 5,022,860 shares held, 2,069,924 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F3 Of the 5,023,010 shares held, 2,070,074 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F4 Of the 5,023,088 shares held, 2,070,152 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F5 Of the 5,028,414 shares held, 2,075,478 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
F6 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.
F7 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.
F8 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.