Richard J. Simoncic - Aug 15, 2024 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Signature
Deborah L. Wussler, as Attorney-in-Fact
Stock symbol
MCHP
Transactions as of
Aug 15, 2024
Transactions value $
$191,462
Form type
4
Date filed
8/19/2024, 06:23 PM
Previous filing
Aug 14, 2024
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $149K +1.84K +1.36% $81.30 137K Aug 15, 2024 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability -$41K -504 -0.37% $81.30 137K Aug 15, 2024 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Options Exercise $114K +1.41K +1.03% $81.30 138K Aug 15, 2024 Shares held Indirectly, by Trust.
transaction MCHP Common Stock Tax liability -$31.3K -385 -0.28% $81.30 138K Aug 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 -1.84K -100% $0.00* 0 Aug 15, 2024 Common Stock 1.84K $81.30 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -1.41K -20.02% $0.00 5.62K Aug 15, 2024 Common Stock 1.41K $81.30 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 August 15, 2024. Vested shares were delivered to the reporting person upon vest.
F2 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, 2025 and six quarterly installments of 702 shares beginning on May 15, 2025. Vested shares were delivered to the reporting person upon vest.