Steve Sanghi - 01 Jun 2021 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
01 Jun 2021
Net transactions value
+$710,278
Form type
4
Filing time
03 Jun 2021, 15:01:37 UTC
Previous filing
21 May 2021
Next filing
11 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $710,278 +4,573 +0.09% $155.32 5,002,797 01 Jun 2021 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 Restricted Stock Units Options Exercise $0 -4,573 -100% $0.000000* 0 01 Jun 2021 Common Stock 4,573 $155.32 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 5,002,797 shares held, 2,049,861 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership
F2 The restricted stock units will vest in full on June 1, 2021 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.