STEPHEN DREHOBL V. - 15 May 2022 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 May 2022
Net transactions value
+$365,252
Form type
4
Filing time
18 May 2022, 16:41:17 UTC
Previous filing
05 Apr 2022
Next filing
03 Jun 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 $370,395 +5,618 +11% $65.93 56,558 15 May 2022 Direct
transaction MCHP Common Stock Tax liability $120,850 -1,833 -3.2% $65.93 54,725 15 May 2022 Direct
transaction MCHP Common Stock Options Exercise $188,560 +2,860 +5.2% $65.93 57,585 15 May 2022 Direct
transaction MCHP Common Stock Tax liability $82,149 -1,246 -2.2% $65.93 56,339 15 May 2022 Direct
transaction MCHP Common Stock Options Exercise $16,482 +250 +0.44% $65.93 56,589 15 May 2022 Direct
transaction MCHP Common Stock Tax liability $7,186 -109 -0.19% $65.93 56,480 15 May 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 -5,618 -100% $0.000000* 0 15 May 2022 Common Stock 5,618 $65.93 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -2,860 -20% $0.000000 11,440 15 May 2022 Common Stock 2,860 $65.93 Direct F2
transaction MCHP Restricted Stock Units Options Exercise $0 -250 -100% $0.000000* 0 15 May 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.