Karen Rapp - Aug 21, 2023 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 21, 2023
Transactions value $
$221,269
Form type
4
Date filed
8/23/2023, 04:58 PM
Previous filing
Feb 1, 2023
Next filing
Jan 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $221K +2.75K +80.68% $80.52 6.15K Aug 21, 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 -2.75K -100% $0.00* 0 Aug 21, 2023 Common Stock 2.75K $80.52 Direct F1
transaction MCHP Restricted Stock Units Award $0 +2.49K $0.00 2.49K Aug 22, 2023 Common Stock 2.49K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vested in full on August 21, 2023. Vested shares were delivered to the reporting person upon vest.
F2 Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F3 The restricted stock units will vest in full on August 22, 2024 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.