Stephen V. Drehobl - Feb 15, 2023 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
Feb 15, 2023
Transactions value $
$656,954
Form type
4
Date filed
2/17/2023, 03:17 PM
Previous filing
Jan 5, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Options Exercise $246K +2.86K +4.26% $85.91 69.9K Feb 15, 2023 Direct
transaction MCHP Common Stock Tax liability -$59.6K -694 -0.99% $85.91 69.3K Feb 15, 2023 Direct
transaction MCHP Common Stock Options Exercise $623K +7.25K +10.46% $85.91 76.5K Feb 15, 2023 Direct
transaction MCHP Common Stock Tax liability -$152K -1.77K -2.31% $85.91 74.7K Feb 15, 2023 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 -2.86K -50% $0.00 2.86K Feb 15, 2023 Common Stock 2.86K $85.91 Direct F1
transaction MCHP Restricted Stock Units Options Exercise $0 -7.25K -100% $0.00* 0 Feb 15, 2023 Common Stock 7.25K $85.91 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest in twelve equal quarterly installments beginning August 15, 2020. Vested shares were delivered to the reporting person upon vest.
F2 The restricted stock units vested in full on February 15, 2023. Vested shares were delivered to the reporting person upon vest.