Steve Sanghi - 15 May 2022 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 May 2022
Net transactions value
+$2,556,238
Form type
4
Filing time
18 May 2022, 16:43:25 UTC
Previous filing
05 Apr 2022
Next filing
03 Jun 2022
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 $1,637,569 +24,838 +0.25% $65.93 9,938,554 15 May 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Options Exercise $875,155 +13,274 +0.13% $65.93 9,951,828 15 May 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F2
transaction MCHP Common Stock Options Exercise $43,514 +660 +0.01% $65.93 9,952,488 15 May 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F3

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 -24,838 -100% $0.000000* 0 15 May 2022 Common Stock 24,838 $65.93 Direct F4
transaction MCHP Restricted Stock Units Options Exercise $0 -13,274 -20% $0.000000 53,096 15 May 2022 Common Stock 13,274 $65.93 Direct F5
transaction MCHP Restricted Stock Units Options Exercise $0 -660 -100% $0.000000* 0 15 May 2022 Common Stock 660 $65.93 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 9,938,554 shares held, 4,032,682 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 9,951,828 shares held, 4,045,956 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3 Of the 9,952.488 shares held, 4,046,616 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F4 The restricted stock units vested in full on May 15, 2022. Vested shares were delivered to the reporting person upon vest.
F5 The restricted stock units vest in twelve equal quarterly installments beginning August 15, 2020. Vested shares were delivered to the reporting person upon vest.