STEPHEN DREHOBL V. - 15 Feb 2023 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 Feb 2023
Net transactions value
+$656,954
Form type
4
Filing time
17 Feb 2023, 15:17:19 UTC
Previous filing
05 Jan 2023
Next filing
03 Mar 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 $245,703 +2,860 +4.3% $85.91 69,946 15 Feb 2023 Direct
transaction MCHP Common Stock Tax liability $59,622 -694 -0.99% $85.91 69,252 15 Feb 2023 Direct
transaction MCHP Common Stock Options Exercise $622,504 +7,246 +10% $85.91 76,498 15 Feb 2023 Direct
transaction MCHP Common Stock Tax liability $151,631 -1,765 -2.3% $85.91 74,733 15 Feb 2023 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 -2,860 -50% $0.000000 2,860 15 Feb 2023 Common Stock 2,860 $85.91 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -7,246 -100% $0.000000* 0 15 Feb 2023 Common Stock 7,246 $85.91 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest in twelve equal quarterly installments beginning August 15, 2020. Vested shares were delivered to the reporting person upon vest.
F2 The restricted stock units vested in full on February 15, 2023. Vested shares were delivered to the reporting person upon vest.