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

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

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.