Steve Sanghi - 15 Aug 2022 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 Aug 2022
Net transactions value
+$2,927,672
Form type
4
Filing time
17 Aug 2022, 17:04:29 UTC
Previous filing
05 Jul 2022
Next filing
05 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $1,855,960 +24,986 +0.25% $74.28 9,980,216 15 Aug 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Options Exercise $985,993 +13,274 +0.13% $74.28 9,993,490 15 Aug 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F2
transaction MCHP Common Stock Options Exercise $49,768 +670 +0.01% $74.28 9,994,160 15 Aug 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F3
transaction MCHP Common Stock Options Exercise $35,952 +484 +0% $74.28 9,994,644 15 Aug 2022 Shares held Indirectly, by Trust and by Family Limited Partnership. F4

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 -24,986 -100% $0.000000* 0 15 Aug 2022 Common Stock 24,986 $74.28 Direct F5
transaction MCHP Restricted Stock Units Options Exercise $0 -13,274 -25% $0.000000 39,822 15 Aug 2022 Common Stock 13,274 $74.28 Direct F6
transaction MCHP Restricted Stock Units Options Exercise $0 -670 -100% $0.000000* 0 15 Aug 2022 Common Stock 670 $74.28 Direct F5
transaction MCHP Restricted Stock Units Options Exercise $0 -484 -100% $0.000000* 0 15 Aug 2022 Common Stock 484 $74.28 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 9,980,216 shares held, 4,074,344 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 9,993,490 shares held, 4,087,618 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3 Of the 9,994,160 shares held, 4,088,288 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F4 Of the 9,994,644 shares held, 4,088,772 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F5 The restricted stock units vested in full on August 15, 2022. Vested shares were delivered to the reporting person upon vest.
F6 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. Vested shares will be delivered to the reporting person upon vest.