| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | MCHP | Common Stock | 13K | Oct 1, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MCHP | Performance Stock Units | Award | $0 | +1.45K | $0.00 | 1.45K | Oct 1, 2024 | Common Stock | 1.45K | Direct | F1, F2 | ||
| transaction | MCHP | Performance Stock Units | Award | $0 | +508 | $0.00 | 508 | Oct 1, 2024 | Common Stock | 508 | Direct | F1, F3 | ||
| transaction | MCHP | Restricted Stock Units | Award | $0 | +1.45K | $0.00 | 1.45K | Oct 1, 2024 | Common Stock | 1.45K | Direct | F4, F5 | ||
| transaction | MCHP | Restricted Stock Units | Award | $0 | +508 | $0.00 | 508 | Oct 1, 2024 | Common Stock | 508 | Direct | F4, F6 | ||
| transaction | MCHP | Restricted Stock Units | Award | $0 | +231 | $0.00 | 231 | Oct 1, 2024 | Common Stock | 231 | Direct | F4, F7 |
| Id | Content |
|---|---|
| F1 | Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock. |
| 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 Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2027. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 40.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2028 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |
| F3 | 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 Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2027. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 40.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2027 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |
| F4 | Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock. |
| F5 | The restricted stock units will vest in full on November 15, 2028 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |
| F6 | The restricted stock units will vest in full on November 15, 2027 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |
| F7 | The restricted stock units will vest in full on August 15, 2026 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |