Mathew B. Bunker - 15 May 2025 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 May 2025
Net transactions value
+$103,482
Form type
4
Filing time
19 May 2025, 17:14:43 UTC
Previous filing
03 Apr 2025
Next filing
03 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bunker Mathew B SENIOR VP, OPERATIONS C/O MICROCHIP TECHNOLOGY INCORPORATED, 2355 W CHANDLER BLVD, CHANDLER Deborah L. Wussler, as Attorney-in-Fact 19 May 2025 0002035446

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $48,762 +802 +3.1% $60.80 26,832 15 May 2025 Direct
transaction MCHP Common Stock Tax liability $13,619 -224 -0.83% $60.80 26,608 15 May 2025 Direct
transaction MCHP Common Stock Options Exercise $41,891 +689 +2.6% $60.80 27,297 15 May 2025 Direct
transaction MCHP Common Stock Tax liability $11,674 -192 -0.7% $60.80 27,105 15 May 2025 Direct
transaction MCHP Common Stock Options Exercise $52,896 +870 +3.2% $60.80 27,975 15 May 2025 Direct
transaction MCHP Common Stock Tax liability $14,774 -243 -0.87% $60.80 27,732 15 May 2025 Direct
holding MCHP Common Stock 26,030 15 May 2025 Direct F1

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 -802 -100% $0.000000 0 15 May 2025 Common Stock 802 $60.80 Direct F2
transaction MCHP Performance Stock Units Options Exercise $0 -689 -100% $0.000000 0 15 May 2025 Common Stock 689 $60.80 Direct F3
transaction MCHP Restricted Stock Units Options Exercise $0 -870 -17% $0.000000 4,350 15 May 2025 Common Stock 870 $60.80 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person's daughter has married and moved away from Reporting Person's domicile, so the 75 shares she held are no longer reported as Indirect Holdings of Reporting Person.
F2 The restricted stock units will vest in full on May 15, 2025. Vested shares were 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 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, 2023. 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 will vest on May 15, 2025 as long as the reporting person remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest.
F4 The restricted stock units vest in four quarterly installments of 868 shares beginning November 15, 2023, and eight quarterly installments of 870 shares beginning on November 15, 2024. Vested shares were delivered to the reporting person upon vest.