SEC Form 4 · accession 0000827054-15-000034
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Sanghi
Officer — President, CEO, Chairman · Director
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 6:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000827054
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 13, 2015 | S | 10,832 | $51.10 | D | 4,893,240 | I | Shares held Indirectly, by Trust and by Family Limited Partnership. |
| Common StockF2 | Feb 13, 2015 | S | 37,602 | $50.96 | D | 4,855,638 | I | Shares held Indirectly, by Trust and by Family Limited Partnership. |
| Common StockF3 | Feb 15, 2015 | M | 22,612 | $50.91 | A | 4,878,250 | I | Shares held Indirectly, by Trust and by Family Limited Partnership. |
| Common StockF4 | Feb 15, 2015 | M | 3,500 | $50.91 | A | 4,881,750 | I | Shares held Indirectly, by Trust and by Family Limited Partnership. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5 | $50.91 | Feb 15, 2015 | M | 22,612 | D | — | — | Common Stock | 22,612 | 0 | D |
| Restricted Stock UnitsF6 | $50.91 | Feb 15, 2015 | M | 3,500 | D | — | — | Common Stock | 14,000 | 0 | D |
Explanation of responses
- F1Of the 4,893,240 shares held, 1,856,304 shares were held by The Sanghi Trust; and 3,036,936 shares were held by The Sanghi Family Limited Partnership.
- F2Of the 4,855,638 shares held, 1,818,702 shares were held by The Sanghi Trust; and 3,036,936 shares were held by The Sanghi Family Limited Partnership.
- F3Of the 4,878,250 shares held, 1,841,314 shares were held by The Sanghi Trust; and 3,036,936 shares were held by The Sanghi Family Limited Partnership.
- F4Of the 4,881,750 shares held, 1,844,814 shares were held by The Sanghi Trust; and 3,036,936 shares were held by The Sanghi Family Limited Partnership.
- F5The restricted stock units will vest in full on February 15, 2015 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F6The restricted stock units will vest in four equal quarterly installments beginning May 15, 2014, as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.