Esther Johnson - 22 Aug 2022 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Director
Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
22 Aug 2022
Net transactions value
+$156,335
Form type
4
Filing time
24 Aug 2022, 16:49:06 UTC
Previous filing
25 Aug 2021
Next filing
23 Aug 2023
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 $156,335 +2,296 +11% $68.09 22,754 22 Aug 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 -2,296 -100% $0.000000* 0 22 Aug 2022 Common Stock 2,296 $68.09 Direct F2
transaction MCHP Restricted Stock Units Award $0 +2,748 $0.000000 2,748 23 Aug 2022 Common Stock 2,748 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 12, 2021, the issuer completed a two-for-one stock split of the issuer's common stock. All amounts have been adjusted to give effect to this stock split.
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.