SEC Form 4 · accession 0000827054-16-000273
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen V Drehobl
Officer — VP, MCU8 Division
Period of report
Feb 15, 2016
Accepted (ET)
Feb 18, 2016 · 5:45 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 Stock | Feb 15, 2016 | M | 5,342 | $41.63 | A | 18,443 | D | |
| Common Stock | Feb 15, 2016 | F | 1,783 | $41.63 | D | 16,660 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $41.63 | Feb 15, 2016 | M | 5,342 | D | — | — | Common Stock | 5,342 | 0 | D |
Explanation of responses
- F1The restricted stock units will vest in full on February 15, 2016 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 March 31, 2012. Vested shares will be delivered to the reporting person upon vest.