SEC Form 4 · accession 0000827054-16-000413
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
Aug 15, 2016
Accepted (ET)
Aug 15, 2016 · 7:20 pm EDT
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 | Aug 15, 2016 | M | 28,771 | $61.21 | A | 4,611,059 | 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 | $61.21 | Aug 15, 2016 | M | 28,771 | D | — | — | Common Stock | 28,771 | 0 | D |
Explanation of responses
- F1Of the 4,611,059 shares held, 1,658,123 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
- F2The restricted stock units will vest in full on August 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.