James Eric Bjornholt - 15 Feb 2024 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Senior VP and CFO
Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Feb 2024
Net transactions value
+$162,545
Form type
4
Filing time
20 Feb 2024, 16:24:01 UTC
Previous filing
04 Jan 2024
Next filing
26 Feb 2024
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 $166,670 +2,020 +6.1% $82.51 34,913 15 Feb 2024 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $77,477 -939 -2.7% $82.51 33,974 15 Feb 2024 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $128,386 +1,556 +4.6% $82.51 35,530 15 Feb 2024 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability $55,034 -667 -1.9% $82.51 34,863 15 Feb 2024 Shares held Indirectly, by Trust.

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 -2,020 -100% $0.000000* 0 15 Feb 2024 Common Stock 2,020 $82.51 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -1,556 -14% $0.000000 9,318 15 Feb 2024 Common Stock 1,556 $82.51 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 vested in full on February 15, 2024. Vested shares were delivered to the reporting person upon vest.
F2 The restricted stock units vest in three quarterly installments of 1,556 shares beginning November 15, 2023, one quarterly installment of 1,554 shares on August 15, 2024, and eight quarterly installments of 776 shares beginning on November 15, 2024, as long as the individual remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest.