Steve Sanghi - 15 Nov 2021 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Executive Chair, Director
Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Nov 2021
Net transactions value
+$3,478,844
Form type
4
Filing time
17 Nov 2021, 13:35:48 UTC
Previous filing
05 Oct 2021
Next filing
02 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $1,939,792 +23,312 +0.23% $83.21 10,080,140 15 Nov 2021 Shares held Indirectly, by Trust and by Family Limited Partnership. F1, F2
transaction MCHP Common Stock Options Exercise $1,104,530 +13,274 +0.13% $83.21 10,093,414 15 Nov 2021 Shares held Indirectly, by Trust and by Family Limited Partnership. F3
transaction MCHP Common Stock Options Exercise $25,296 +304 +0% $83.21 10,093,718 15 Nov 2021 Shares held Indirectly, by Trust and by Family Limited Partnership. F4
transaction MCHP Common Stock Options Exercise $409,227 +4,918 +0.05% $83.21 10,098,636 15 Nov 2021 Shares held Indirectly, by Trust and by Family Limited Partnership. F5

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 -23,312 -100% $0.000000* 0 15 Nov 2021 Common Stock 23,312 $83.21 Direct F6
transaction MCHP Restricted Stock Units Options Exercise $0 -13,274 -14% $0.000000 79,644 15 Nov 2021 Common Stock 13,274 $83.21 Direct F7
transaction MCHP Restricted Stock Units Options Exercise $0 -304 -100% $0.000000* 0 15 Nov 2021 Common Stock 304 $83.21 Direct F6
transaction MCHP Restricted Stock Units Options Exercise $0 -4,918 -100% $0.000000* 0 15 Nov 2021 Common Stock 4,918 $83.21 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 12, 2021, the issuer completed a two-for-one stock split of the issuer's common stock. All amounts have been adjusted to give effect to this stock split.
F2 Of the 10,080,140 shares held, 4,174,268 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership
F3 Of the 10,093,414 shares held, 4,187,542 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F4 Of the 10,093,718 shares held, 4,187,846 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F5 Of the 10,098,636 shares held, 4,192,764 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F6 The restricted stock units vested in full on November 15, 2021. Vested shares were delivered to the reporting person upon vest.
F7 The restricted stock units vest in twelve equal quarterly installments beginning August 15, 2020 as long as the individual remains a service provider through the vesting date. The shares subject to the current vesting of this award were delivered to the reporting person upon vest.