Richard J. Simoncic - 03 Apr 2024 Form 4/A - Amendment Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role: CHIEF OPERATING OFFICER
Signature: Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol: MCHP
Transactions as of: 03 Apr 2024
Transactions value $: $0
Form type: 4/A - Amendment
Filing time: 21 Jul 2025, 17:26:53
Date Of Original Report: 05 Apr 2024
Previous filing: 05 Mar 2024
Next filing: 17 May 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SIMONCIC RICHARD J	CHIEF OPERATING OFFICER	C/O MICROCHIP TECHNOLOGY INCORPORATED, 2355 WEST CHANDLER BOULEVARD, CHANDLER	Deborah L. Wussler, as Attorney-in-Fact	21 Jul 2025	0001181945

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MCHP	Common Stock						132K	03 Apr 2024	Shares held Indirectly, by Trust.

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	Award	$0	+3.48K		$0.00	3.48K	03 Apr 2024	Common Stock	3.48K		Direct	F1, F2
transaction	MCHP	Restricted Stock Units	Award	$0	+3.48K		$0.00	3.48K	03 Apr 2024	Common Stock	3.48K		Direct	F3, F4
transaction	MCHP	Restricted Stock Units	Award	$0	+99		$0.00	99	03 Apr 2024	Common Stock	99		Direct	F3, F5
transaction	MCHP	Performance Stock Units	Award	$0	+934		$0.00	934	03 Apr 2024	Common Stock	934		Direct	F1, F6, F7
transaction	MCHP	Restricted Stock Units	Award	$0	+933		$0.00	933	03 Apr 2024	Common Stock	933		Direct	F3, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F2	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 March 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 42.0% 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 May 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.
F3	Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
F4	The restricted stock units will vest in full on May 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.
F5	The restricted stock units will vest in full on February 16, 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.
F6	This Form 4 is being amended to correctly reflect the performance period for this PSU grant as 8 quarters. All subsequent Reports filed after this date are deemed to include the modification herein.
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 8 quarters ending March 31, 2026. 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 42.0% over the 8 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 May 17, 2027 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 May 17, 2027 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.