Steve Sanghi - 15 Aug 2023 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 2023
Net transactions value
+$1,186,171
Form type
4
Filing time
16 Aug 2023, 17:43:39 UTC
Previous filing
07 Jul 2023
Next filing
17 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $2,022,574 +25,004 +0.25% $80.89 10,113,869 15 Aug 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Tax liability $836,403 -10,340 -0.1% $80.89 10,103,529 15 Aug 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F2

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 -25,004 -100% $0.000000* 0 15 Aug 2023 Common Stock 25,004 $80.89 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 10,113,869 shares held, 4,207,997 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 10,103,529 shares held, 4,197,657 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3 The restricted stock units vested in full on August 15, 2023. Vested shares were delivered to the reporting person upon vest.