Stephen V. Drehobl - 15 Aug 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 Aug 2022
Transactions value $
$372,291
Form type
4
Filing time
17 Aug 2022, 17:02:35
Previous filing
05 Jul 2022
Next filing
05 Oct 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 $420K +5.65K +9.98% $74.28 62.3K 15 Aug 2022 Direct
transaction MCHP Common Stock Tax liability -$183K -2.46K -3.95% $74.28 59.8K 15 Aug 2022 Direct
transaction MCHP Common Stock Options Exercise $212K +2.86K +4.78% $74.28 62.7K 15 Aug 2022 Direct
transaction MCHP Common Stock Tax liability -$92.6K -1.25K -1.99% $74.28 61.4K 15 Aug 2022 Direct
transaction MCHP Common Stock Options Exercise $18.9K +254 +0.41% $74.28 61.7K 15 Aug 2022 Direct
transaction MCHP Common Stock Tax liability -$8.25K -111 -0.18% $74.28 61.6K 15 Aug 2022 Direct
transaction MCHP Common Stock Options Exercise $8.62K +116 +0.19% $74.28 61.7K 15 Aug 2022 Direct
transaction MCHP Common Stock Tax liability -$3.79K -51 -0.08% $74.28 61.6K 15 Aug 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 -5.65K -100% $0.00* 0 15 Aug 2022 Common Stock 5.65K $74.28 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -2.86K -25% $0.00 8.58K 15 Aug 2022 Common Stock 2.86K $74.28 Direct F2
transaction MCHP Restricted Stock Units Options Exercise $0 -254 -100% $0.00* 0 15 Aug 2022 Common Stock 254 $74.28 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -116 -100% $0.00* 0 15 Aug 2022 Common Stock 116 $74.28 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 August 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 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.