Steve Sanghi - Aug 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
Aug 15, 2024
Transactions value $
$607,636
Form type
4
Date filed
8/19/2024, 06:22 PM
Previous filing
Jul 3, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $1.04M +12.7K +0.13% $81.30 10.1M Aug 15, 2024 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Tax liability -$428K -5.27K -0.05% $81.30 10.1M Aug 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 -12.7K -100% $0.00* 0 Aug 15, 2024 Common Stock 12.7K $81.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 10,116,734 shares held, 4,210,862 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 10,111,464 shares held, 4,205,592 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 August 15, 2024 . Vested shares were delivered to the reporting person upon vest.