Steve Sanghi - 15 Feb 2022 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 Feb 2022
Net transactions value
+$3,063,233
Form type
4
Filing time
17 Feb 2022, 16:56:51 UTC
Previous filing
05 Jan 2022
Next filing
03 Mar 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 $1,735,637 +23,148 +0.23% $74.98 9,895,484 15 Feb 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Options Exercise $995,285 +13,274 +0.13% $74.98 9,908,758 15 Feb 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F2
transaction MCHP Common Stock Options Exercise $332,311 +4,432 +0.04% $74.98 9,913,190 15 Feb 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F3

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 -23,148 -100% $0.000000* 0 15 Feb 2022 Common Stock 23,148 $74.98 Direct F4
transaction MCHP Restricted Stock Units Options Exercise $0 -13,274 -17% $0.000000 66,370 15 Feb 2022 Common Stock 13,274 $74.98 Direct F5
transaction MCHP Restricted Stock Units Options Exercise $0 -4,432 -100% $0.000000* 0 15 Feb 2022 Common Stock 4,432 $74.98 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 9,895,484 shares held, 3,989,612 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 9,908,758 shares held, 4,002,886 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3 Of the 9,913,190 shares held, 4,007,318 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F4 The restricted stock units vested in full on February 15, 2022. Vested shares were delivered to the reporting person upon vest.
F5 The restricted stock units vest in twelve equal quarterly installments beginning August 15, 2020 . Vested shares were delivered to the reporting person upon vest.