Steve Sanghi - Feb 15, 2024 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
Feb 15, 2024
Transactions value $
$735,164
Form type
4
Date filed
2/20/2024, 04:25 PM
Previous filing
Nov 17, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $1.01M +12.2K +0.12% $82.51 10.1M Feb 15, 2024 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Tax liability -$272K -3.3K -0.03% $82.51 10.1M Feb 15, 2024 Shares held Indirectly, by Trust and by Family Limited Partnership. F2

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 -12.2K -100% $0.00* 0 Feb 15, 2024 Common Stock 12.2K $82.51 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 10,130,166 shares held, 4,224,294 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 10,126,864 shares held, 4,220,992 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3 The restricted stock units vested in full on February 15, 2024. Vested shares were delivered to the reporting person upon vest.