SEC Form 4 · accession 0000827054-15-000231
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
Nov 15, 2015
Accepted (ET)
Nov 17, 2015 · 6:55 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 | Nov 15, 2015 | M | 31,022 | $45.95 | A | 4,811,751 | 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 UnitsF2 | $450.95 | Nov 15, 2015 | M | 31,022 | D | — | — | Common Stock | 31,022 | 0 | D |
Explanation of responses
- F1Of the 4,811,751 shares held, 1,858,815 shares were held by the Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Parntership.
- F2The restricted stock units will vest in full on November 15, 2016 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.