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

Role
Senior VP and CFO
Signature
Deborah L. Wussler, as Attorney-in-Fact
Stock symbol
MCHP
Transactions as of
Feb 15, 2024
Transactions value $
$162,545
Form type
4
Date filed
2/20/2024, 04:24 PM
Previous filing
Jan 4, 2024
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $167K +2.02K +6.14% $82.51 34.9K Feb 15, 2024 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability -$77.5K -939 -2.69% $82.51 34K Feb 15, 2024 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $128K +1.56K +4.58% $82.51 35.5K Feb 15, 2024 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability -$55K -667 -1.88% $82.51 34.9K Feb 15, 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 -2.02K -100% $0.00* 0 Feb 15, 2024 Common Stock 2.02K $82.51 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -1.56K -14.31% $0.00 9.32K Feb 15, 2024 Common Stock 1.56K $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.