Steve Sanghi - 15 May 2025 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
15 May 2025
Net transactions value
+$326,192
Form type
4
Filing time
19 May 2025, 17:15:36 UTC
Previous filing
08 May 2025
Next filing
06 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SANGHI STEVE CHAIR OF THE BOARD, Director C/O MICROCHIP TECHNOLOGY INCORPORATED, 2355 WEST CHANDLER BOULEVARD, CHANDLER Deborah L. Wussler, as Attorney-in-Fact 19 May 2025 0001181928

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $257,002 +4,227 +0.04% $60.80 10,159,997 15 May 2025 Shares held Indirectly, by Trust and by Family Limited Partnership. F1
transaction MCHP Common Stock Tax liability $106,278 -1,748 -0.02% $60.80 10,158,249 15 May 2025 Shares held Indirectly, by Trust and by Family Limited Partnership. F2
transaction MCHP Common Stock Options Exercise $299,258 +4,922 +0.05% $60.80 10,163,171 15 May 2025 Shares held Indirectly, by Trust and by Family Limited Partnership. F3
transaction MCHP Common Stock Tax liability $123,789 -2,036 -0.02% $60.80 10,161,135 15 May 2025 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 Performance Stock Units Options Exercise $0 -4,227 -100% $0.000000 0 15 May 2025 Common Stock 4,227 $60.80 Direct F5
transaction MCHP Restricted Stock Units Options Exercise $0 -4,922 -100% $0.000000 0 15 May 2025 Common Stock 4,922 $60.80 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the 10,159,997 shares held, 4,254,125 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F2 Of the 10,158,249 shares held, 4,252,377 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3 Of the 10,163,171 shares held, 4,257,299 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F4 Of the 10,161,135 shares held, 4,255,263 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership..
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 the relative total shareholder return (TSR) of Microchip common stock compared to a peer group of twenty companies over a two-year period ending on March 31, 2023. The target number of PSU shares that may be earned is reported in the table above, the minimum number of shares that may be earned is zero if Microchip's TSR is at or lower than the 25th percentile of the peer group and the maximum number of shares that may be earned is 200% of the target if Microchip's TSR is at or higher than the 75th percentile of the peer group. Earned PSUs will vest on May 15, 2025 as long as the reporting person remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest.
F6 The restricted stock units will vest in full on May 15, 2025. Vested shares were delivered to the reporting person upon vest.