| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MCHP | Common Stock | Options Exercise | $230K | +2.42K | +1.83% | $95.36 | 134K | May 15, 2024 | Shares held Indirectly, by Trust. | |
| transaction | MCHP | Common Stock | Tax liability | -$63.2K | -663 | -0.49% | $95.36 | 133K | May 15, 2024 | Shares held Indirectly, by Trust. | |
| transaction | MCHP | Common Stock | Options Exercise | $87.8K | +921 | +0.69% | $95.36 | 134K | May 15, 2024 | Shares held Indirectly, by Trust. | |
| transaction | MCHP | Common Stock | Tax liability | -$24.1K | -253 | -0.19% | $95.36 | 134K | May 15, 2024 | Shares held Indirectly, by Trust. | |
| transaction | MCHP | Common Stock | Options Exercise | $134K | +1.41K | +1.05% | $95.36 | 136K | May 15, 2024 | Shares held Indirectly, by Trust. | |
| transaction | MCHP | Common Stock | Tax liability | -$36.7K | -385 | -0.28% | $95.36 | 135K | May 15, 2024 | Shares held Indirectly, by Trust. |
| 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 | -2.42K | -100% | $0.00* | 0 | May 15, 2024 | Common Stock | 2.42K | $95.36 | Direct | F1 |
| transaction | MCHP | Performance Stock Units | Options Exercise | $0 | -2.42K | -100% | $0.00* | 0 | May 15, 2024 | Common Stock | 2.42K | $95.36 | Direct | F2 |
| transaction | MCHP | Restricted Stock Units | Options Exercise | $0 | -1.41K | -16.68% | $0.00 | 7.02K | May 15, 2024 | Common Stock | 1.41K | $95.36 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | The restricted stock units vested in full on May 15, 2024. Vested shares were delivered to the reporting person upon vest. |
| F2 | Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on the relative total shareholder return (TSR) of Microchip common stock compared to a peer group of twenty companies over a two-year period ending on March 31, 2022. The target number of PSU shares that may be earned is reported in the table above, the minimum number of shares that may be earned is zero if Microchip's TSR is at or lower than the 25th percentile of the peer group and the maximum number of shares that may be earned is 200% of the target if Microchip's TSR is at or higher than the 75th percentile of the peer group. Earned PSUs vested on May 15, 2024. Vested shares were delivered to the reporting person upon vest. |
| F3 | The restricted stock units vest in four quarterly installments of 1,406 shares beginning November 15, 2023, one quarterly installment of 702 shares on November 15, 2024, one quarterly installment of 704 shares on February 15, 2024 and six quarterly installments of 702 shares beginning on May 15, 2025, as long as the individual remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest. |