Stephen V. Drehobl - Aug 15, 2021 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Role
Senior VP, MCU8/MCU16 BU
Signature
Deborah L. Wussler, as Attorney-in-Fact
Stock symbol
MCHP
Transactions as of
Aug 15, 2021
Transactions value $
$427,766
Form type
4
Date filed
8/18/2021, 04:39 PM
Previous filing
Aug 13, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $457K +3.04K +17.97% $150.41 19.9K Aug 15, 2021 Direct
transaction MCHP Common Stock Tax liability -$199K -1.32K -6.64% $150.41 18.6K Aug 15, 2021 Direct
transaction MCHP Common Stock Options Exercise $215K +1.43K +7.68% $150.41 20K Aug 15, 2021 Direct
transaction MCHP Common Stock Tax liability -$93.7K -623 -3.11% $150.41 19.4K Aug 15, 2021 Direct
transaction MCHP Common Stock Options Exercise $8.57K +57 +0.29% $150.41 19.5K Aug 15, 2021 Direct
transaction MCHP Common Stock Tax liability -$3.76K -25 -0.13% $150.41 19.5K Aug 15, 2021 Direct
transaction MCHP Common Stock Options Exercise $4.36K +29 +0.15% $150.41 19.5K Aug 15, 2021 Direct
transaction MCHP Common Stock Tax liability -$1.96K -13 -0.07% $150.41 19.5K Aug 15, 2021 Direct
transaction MCHP Common Stock Options Exercise $73.4K +488 +2.51% $150.41 20K Aug 15, 2021 Direct
transaction MCHP Common Stock Tax liability -$32K -213 -1.07% $150.41 19.7K Aug 15, 2021 Direct

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 -3.04K -100% $0.00* 0 Aug 15, 2021 Common Stock 3.04K $150.41 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -1.43K -12.5% $0.00 10K Aug 15, 2021 Common Stock 1.43K $150.41 Direct F2
transaction MCHP Restricted Stock Units Options Exercise $0 -57 -100% $0.00* 0 Aug 15, 2021 Common Stock 57 $150.41 Direct F3
transaction MCHP Restricted Stock Units Options Exercise $0 -29 -100% $0.00* 0 Aug 15, 2021 Common Stock 29 $150.41 Direct F3
transaction MCHP Restricted Stock Units Options Exercise $0 -488 -100% $0.00* 0 Aug 15, 2021 Common Stock 488 $150.41 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units will vest in full on August 15, 2021 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expense in the quarter ended September 30, 2017. Vested shares will be delivered to the reporting person upon vest.
F2 The restricted stock units vest in twelve equal quarterly installments beginning August 15, 2020 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expense in the quarter ended December 31, 2018. Vested shares will be delivered to the reporting person upon vest.
F3 The restricted stock units will vest in full on August 15, 2021 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.