Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | MCHP | Common Stock | 23.6K | Jan 2, 2025 | Shares held Directly and Indirectly by Daughter. | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MCHP | Restricted Stock Units | Award | $0 | +2.64K | $0.00 | 2.64K | Jan 2, 2025 | Common Stock | 2.64K | Direct | F2, F3 | ||
transaction | MCHP | Performance Stock Units | Award | $0 | +2.64K | $0.00 | 2.64K | Jan 2, 2025 | Common Stock | 2.64K | Direct | F4, F5 | ||
transaction | MCHP | Restricted Stock Units | Award | $0 | +515 | $0.00 | 515 | Jan 2, 2025 | Common Stock | 515 | Direct | F2, F6 | ||
transaction | MCHP | Performance Stock Units | Award | $0 | +516 | $0.00 | 516 | Jan 2, 2025 | Common Stock | 516 | Direct | F4, F7 | ||
transaction | MCHP | Restricted Stock Units | Award | $0 | +257 | $0.00 | 257 | Jan 2, 2025 | Common Stock | 257 | Direct | F2, F8 |
Id | Content |
---|---|
F1 | Of the 23,606 shares held, 23,531 are held directly, and 75 shares are held by the Reporting Person's daughter. |
F2 | Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock. |
F3 | The restricted stock units will vest in full on February 15, 2029 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |
F4 | Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock. |
F5 | Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending December 31, 2027. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 25.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on February 15, 2029 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |
F6 | The restricted stock units will vest in full on February 15, 2028 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |
F7 | Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending December 31, 2027. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 25.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on February 15, 2028 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |
F8 | The restricted stock units will vest in full on November 15, 2026 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. |