Steve Sanghi - 15 Aug 2024 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Executive Chair, Director
Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Aug 2024
Net transactions value
+$607,636
Form type
4
Filing time
19 Aug 2024, 18:22:31 UTC
Previous filing
03 Jul 2024
Next filing
19 Nov 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 $1,036,087 +12,744 +0.13% $81.30 10,116,734 15 Aug 2024 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Tax liability $428,451 -5,270 -0.05% $81.30 10,111,464 15 Aug 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 -12,744 -100% $0.000000* 0 15 Aug 2024 Common Stock 12,744 $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.