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

Role
Executive Chair, Director
Signature
Deborah L. Wussler, as Attorney-in-Fact
Stock symbol
MCHP
Transactions as of
May 15, 2023
Transactions value $
$1,742,107
Form type
4
Date filed
5/17/2023, 04:53 PM
Previous filing
May 1, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $1M +13.3K +0.13% $75.38 10.1M May 15, 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Tax liability -$414K -5.49K -0.05% $75.38 10.1M May 15, 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F2
transaction MCHP Common Stock Options Exercise $1.97M +26.1K +0.26% $75.38 10.1M May 15, 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F3
transaction MCHP Common Stock Tax liability -$815K -10.8K -0.11% $75.38 10.1M May 15, 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 -13.3K -100% $0.00* 0 May 15, 2023 Common Stock 13.3K $75.38 Direct F5
transaction MCHP Restricted Stock Units Options Exercise $0 -26.1K -100% $0.00* 0 May 15, 2023 Common Stock 26.1K $75.38 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 10,079,028 shares held, 4,173,156 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 10,073,539 shares held, 4,167,667 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3 Of the 10,099,671 shares held, 4,193,799 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F4 Of the 10,088,865 shares held, 4,182,993 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 vested 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 May 15, 2023. Vested shares were delivered to the reporting person upon vest.