Steve Sanghi - 11 Jul 2025 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
11 Jul 2025
Net transactions value
$0
Form type
4
Filing time
16 Jul 2025, 13:41:33 UTC
Previous filing
06 Jun 2025
Next filing
12 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SANGHI STEVE President, CEO and Chair of Bd, Director C/O MICROCHIP TECHNOLOGY INCORPORATED, 2355 WEST CHANDLER BOULEVARD, CHANDLER Deborah L. Wussler, as Attorney-in-Fact 16 Jul 2025 0001181928

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MCHP Common Stock 10,161,135 11 Jul 2025 Shares held Indirectly, by Trust and by Family Limited Partnership. 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 Performance Stock Units Award $0 +142,451 $0.000000 142,451 11 Jul 2025 Common Stock 142,451 Direct F2, F3
transaction MCHP Restricted Stock Units Award $0 +129,790 $0.000000 129,790 11 Jul 2025 Common Stock 129,790 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 10,161,135 shares held, 4,255,263 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership..
F2 Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
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 June 30, 2028. 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 29.0% 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 in 5 quarterly installments of 20,472 on 8/15/28; 24,197 on 11/15/28; 32,964 on 2/15/29; 38,660 on 5/15/29 and 26,158 on 8/15/29, 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 six quarterly installments of 34,823 shares on 5/15/28; 13,648 shs on 8/15/28; 16,131 shs on 11/15/28; 21,976 shs on 2/15/29; 25,773 shs on 5/15/29; and 17,438 shs on 8/15/29, as long as the individual remains a service provider through the vesting date(s).