Stephen V. Drehobl - May 15, 2022 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role: Senior VP, MCU8/MCU16 BU
Signature: Deborah L. Wussler, as Attorney-in-Fact
Stock symbol: MCHP
Transactions as of: May 15, 2022
Transactions value $: $365,252
Form type: 4
Date filed: 5/18/2022, 04:41 PM
Previous filing: Apr 5, 2022
Next filing: Jun 3, 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	$370K	+5.62K	+11.03%	$65.93	56.6K	May 15, 2022	Direct
transaction	MCHP	Common Stock	Tax liability	-$121K	-1.83K	-3.24%	$65.93	54.7K	May 15, 2022	Direct
transaction	MCHP	Common Stock	Options Exercise	$189K	+2.86K	+5.23%	$65.93	57.6K	May 15, 2022	Direct
transaction	MCHP	Common Stock	Tax liability	-$82.1K	-1.25K	-2.16%	$65.93	56.3K	May 15, 2022	Direct
transaction	MCHP	Common Stock	Options Exercise	$16.5K	+250	+0.44%	$65.93	56.6K	May 15, 2022	Direct
transaction	MCHP	Common Stock	Tax liability	-$7.19K	-109	-0.19%	$65.93	56.5K	May 15, 2022	Direct

Showing 1 to 6 of 6 entries

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	-5.62K	-100%	$0.00^*	0	May 15, 2022	Common Stock	5.62K	$65.93	Direct	F1
transaction	MCHP	Restricted Stock Units	Options Exercise	$0	-2.86K	-20%	$0.00	11.4K	May 15, 2022	Common Stock	2.86K	$65.93	Direct	F2
transaction	MCHP	Restricted Stock Units	Options Exercise	$0	-250	-100%	$0.00^*	0	May 15, 2022	Common Stock	250	$65.93	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 May 15, 2022 as long as the individual remains a service provider through the vesting date. 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.