Richard J. Simoncic - 15 Aug 2021 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Senior VP, Analog/Intrfce BU
Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Aug 2021
Net transactions value
+$312,552
Form type
4
Filing time
18 Aug 2021, 16:42:48 UTC
Previous filing
09 Aug 2021
Next filing
02 Sep 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 $332,406 +2,210 +4.3% $150.41 53,444 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $144,995 -964 -1.8% $150.41 52,480 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $150,410 +1,000 +1.9% $150.41 53,480 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $65,729 -437 -0.82% $150.41 53,043 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $7,821 +52 +0.1% $150.41 53,095 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $3,459 -23 -0.04% $150.41 53,072 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $4,061 +27 +0.05% $150.41 53,099 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $1,805 -12 -0.02% $150.41 53,087 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $60,465 +402 +0.76% $150.41 53,489 15 Aug 2021 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $26,623 -177 -0.33% $150.41 53,312 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 -2,210 -100% $0.000000* 0 15 Aug 2021 Common Stock 2,210 $150.41 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -1,000 -12% $0.000000 7,007 15 Aug 2021 Common Stock 1,000 $150.41 Direct F2
transaction MCHP Restricted Stock Units Options Exercise $0 -52 -100% $0.000000* 0 15 Aug 2021 Common Stock 52 $150.41 Direct F3
transaction MCHP Restricted Stock Units Options Exercise $0 -27 -100% $0.000000* 0 15 Aug 2021 Common Stock 27 $150.41 Direct F3
transaction MCHP Restricted Stock Units Options Exercise $0 -402 -100% $0.000000* 0 15 Aug 2021 Common Stock 402 $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.