Steve Sanghi - 15 May 2023 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 2023
Net transactions value
+$1,742,107
Form type
4
Filing time
17 May 2023, 16:53:00 UTC
Previous filing
01 May 2023
Next filing
12 Jun 2023
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 $1,000,594 +13,274 +0.13% $75.38 10,079,028 15 May 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Tax liability $413,761 -5,489 -0.05% $75.38 10,073,539 15 May 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F2
transaction MCHP Common Stock Options Exercise $1,969,830 +26,132 +0.26% $75.38 10,099,671 15 May 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F3
transaction MCHP Common Stock Tax liability $814,556 -10,806 -0.11% $75.38 10,088,865 15 May 2023 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 -13,274 -100% $0.000000* 0 15 May 2023 Common Stock 13,274 $75.38 Direct F5
transaction MCHP Restricted Stock Units Options Exercise $0 -26,132 -100% $0.000000* 0 15 May 2023 Common Stock 26,132 $75.38 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 10,079,028 shares held, 4,173,156 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 10,073,539 shares held, 4,167,667 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3 Of the 10,099,671 shares held, 4,193,799 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F4 Of the 10,088,865 shares held, 4,182,993 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 twelve equal quarterly installments beginning August 15, 2020. Vested shares were delivered to the reporting person upon vest.
F6 The restricted stock units vested in full on May 15, 2023. Vested shares were delivered to the reporting person upon vest.