Stephen Drehobl V - 15 Nov 2021 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Senior VP, MCU8/MCU16 BU
Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Nov 2021
Net transactions value
+$408,811
Form type
4
Filing time
17 Nov 2021, 13:34:09 UTC
Previous filing
05 Oct 2021
Next filing
05 Jan 2022
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 $438,683 +5,272 +13% $83.21 44,786 15 Nov 2021 Direct F1
transaction MCHP Common Stock Tax liability $191,050 -2,296 -5.1% $83.21 42,490 15 Nov 2021 Direct
transaction MCHP Common Stock Options Exercise $237,981 +2,860 +6.7% $83.21 45,350 15 Nov 2021 Direct
transaction MCHP Common Stock Tax liability $103,680 -1,246 -2.7% $83.21 44,104 15 Nov 2021 Direct
transaction MCHP Common Stock Options Exercise $9,652 +116 +0.26% $83.21 44,220 15 Nov 2021 Direct
transaction MCHP Common Stock Tax liability $4,244 -51 -0.12% $83.21 44,169 15 Nov 2021 Direct
transaction MCHP Common Stock Options Exercise $38,110 +458 +1% $83.21 44,627 15 Nov 2021 Direct
transaction MCHP Common Stock Tax liability $16,642 -200 -0.45% $83.21 44,427 15 Nov 2021 Direct

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 -5,272 -100% $0.000000* 0 15 Nov 2021 Common Stock 5,272 $83.21 Direct F2
transaction MCHP Restricted Stock Units Options Exercise $0 -2,860 -14% $0.000000 17,160 15 Nov 2021 Common Stock 2,860 $83.21 Direct F3
transaction MCHP Restricted Stock Units Options Exercise $0 -116 -100% $0.000000* 0 15 Nov 2021 Common Stock 116 $83.21 Direct F2
transaction MCHP Restricted Stock Units Options Exercise $0 -458 -100% $0.000000* 0 15 Nov 2021 Common Stock 458 $83.21 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 12, 2021, the issuer completed a two-for-one stock split of the issuer's common stock. All amounts have been adjusted to give effect to this stock split.
F2 The restricted stock units vested in full on November 15, 2021. Vested shares were delivered to the reporting person upon vest.
F3 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. The shares subject to the current vesting of this award were delivered to the reporting person upon vest.