Steve Sanghi - 15 Feb 2023 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Executive Chair, Director
Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Feb 2023
Net transactions value
+$2,365,360
Form type
4
Filing time
17 Feb 2023, 15:19:40 UTC
Previous filing
05 Jan 2023
Next filing
23 Feb 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 $1,140,369 +13,274 +0.13% $85.91 10,051,110 15 Feb 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Tax liability $388,915 -4,527 -0.05% $85.91 10,046,583 15 Feb 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F2
transaction MCHP Common Stock Options Exercise $2,751,869 +32,032 +0.32% $85.91 10,078,615 15 Feb 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F3
transaction MCHP Common Stock Tax liability $1,137,964 -13,246 -0.13% $85.91 10,065,369 15 Feb 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F4

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 -13,274 -50% $0.000000 13,274 15 Feb 2023 Common Stock 13,274 $85.91 Direct F5
transaction MCHP Restricted Stock Units Options Exercise $0 -32,032 -100% $0.000000* 0 15 Feb 2023 Common Stock 32,032 $85.91 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 10,051,110 shares held, 4,145,238 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 10,046,583 shares held, 4,140,711 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3 Of the 10,078,615 shares held, 4,172,743 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F4 Of the 10,065,369 shares held, 4,159,497 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F5 The restricted stock units vest in twelve equal quarterly installments beginning August 15, 2020. Vested shares were delivered to the reporting person upon vest.
F6 The restricted stock units vested in full on February 15, 2023. Vested shares were delivered to the reporting person upon vest.