GANESH MOORTHY - 15 Feb 2022 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Feb 2022
Net transactions value
+$785,490
Form type
4
Filing time
17 Feb 2022, 16:56:03 UTC
Previous filing
05 Jan 2022
Next filing
03 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $829,279 +11,060 +1.6% $74.98 701,396 15 Feb 2022 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $356,230 -4,751 -0.68% $74.98 696,645 15 Feb 2022 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $475,523 +6,342 +0.91% $74.98 702,987 15 Feb 2022 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $208,070 -2,775 -0.39% $74.98 700,212 15 Feb 2022 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $78,879 +1,052 +0.15% $74.98 701,264 15 Feb 2022 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $33,891 -452 -0.06% $74.98 700,812 15 Feb 2022 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 -11,060 -100% $0.000000* 0 15 Feb 2022 Common Stock 11,060 $74.98 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -6,342 -17% $0.000000 31,712 15 Feb 2022 Common Stock 6,342 $74.98 Direct F2
transaction MCHP Restricted Stock Units Options Exercise $0 -1,052 -100% $0.000000* 0 15 Feb 2022 Common Stock 1,052 $74.98 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vested in full on February 15, 2022. Vested shares were delivered to the reporting person upon vest.
F2 The restricted stock units vest in twelve equal quarterly installments beginning August 15, 2020. Vested shares were delivered to the reporting person upon vest.