Mathew B. Bunker - 02 Jan 2025 Form 4/A - Amendment Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
SENIOR VP, OPERATIONS
Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
02 Jan 2025
Net transactions value
$0
Form type
4/A - Amendment
Filing time
21 Jul 2025, 17:25:47 UTC
Date Of Original Report
06 Jan 2025
Previous filing
19 Nov 2024
Next filing
20 Feb 2025
SEC
View on sec.gov

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 21 Jul 2025 0002035446

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MCHP Common Stock 23,606 02 Jan 2025 Shares held Directly and Indirectly, by Daughter 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 Award $0 +2,637 $0.000000 2,637 02 Jan 2025 Common Stock 2,637 Direct F2, F3
transaction MCHP Performance Stock Units Award $0 +2,637 $0.000000 2,637 02 Jan 2025 Common Stock 2,637 Direct F4, F5
transaction MCHP Restricted Stock Units Award $0 +515 $0.000000 515 02 Jan 2025 Common Stock 515 Direct F2, F6
transaction MCHP Performance Stock Units Award $0 +516 $0.000000 516 02 Jan 2025 Common Stock 516 Direct F4, F7, F8
transaction MCHP Restricted Stock Units Award $0 +257 $0.000000 257 02 Jan 2025 Common Stock 257 Direct F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 23,606 shares held, 23,531 are held directly, and 75 shares are held by the Reporting Person's daughter.
F2 Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F3 The restricted stock units will vest in full on February 15, 2029 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
F4 Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F5 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 December 31, 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 25.0% 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 February 15, 2029 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.
F6 The restricted stock units will vest in full on February 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.
F7 This Form 4 is being amended to correctly reflect the performance period for this PSU grant as 8 quarters. All subsequent Reports filed after this date are deemed to include the modification herein.
F8 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 8 quarters ending December 31, 2026. 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 25.0% over the 8 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 February 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.
F9 The restricted stock units will vest in full on November 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.