Steve Sanghi - 15 Nov 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 Nov 2023
Net transactions value
+$1,190,062
Form type
4
Filing time
17 Nov 2023, 16:48:37 UTC
Previous filing
16 Aug 2023
Next filing
20 Feb 2024
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 $2,029,170 +24,596 +0.24% $82.50 10,128,125 15 Nov 2023 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Tax liability $839,108 -10,171 -0.1% $82.50 10,117,954 15 Nov 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 -24,596 -100% $0.000000* 0 15 Nov 2023 Common Stock 24,596 $82.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 10,128,125 shares held, 4,222,253 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 10,117,954 shares held, 4,212,082 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 November 15, 2023. Vested shares were delivered to the reporting person upon vest.