Matthew W. Chapman - Aug 22, 2022 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Director
Signature
Deborah L. Wussler, as Attorney-in-Fact
Stock symbol
MCHP
Transactions as of
Aug 22, 2022
Transactions value $
$88,125
Form type
4
Date filed
8/24/2022, 04:48 PM
Previous filing
May 24, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $156K +2.3K +6.31% $68.09 38.7K Aug 22, 2022 Direct
transaction MCHP Common Stock Sale -$68.2K -1K -2.59% $68.21 37.7K Aug 23, 2022 Direct F1

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 -2.3K -100% $0.00* 0 Aug 22, 2022 Common Stock 2.3K $68.09 Direct F2
transaction MCHP Restricted Stock Units Award $0 +2.75K $0.00 2.75K Aug 23, 2022 Common Stock 2.75K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale(s) reported in this Form 4 was/were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 9, 2020.
F2 The restricted stock units vested in full on August 22, 2022. Vested shares were delivered to the reporting person upon vest.
F3 Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F4 The restricted stock units will vest in full on August 23, 2023 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.