SEC Form 4 · accession 0000827054-16-000488
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Simoncic
Officer — VP, Analog and Intrfc Prod Div
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 7:21 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 16, 2016 | M | 4,441 | $65.19 | A | 53,355 | I | Shares held Directly and Indirectly, by Trust. |
| Common StockF2 | Nov 15, 2016 | F | 1,549 | $65.19 | D | 51,806 | I | Shares held Directly and Indirectly, by Trust. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $65.19 | Nov 16, 2016 | M | 4,441 | D | — | — | Common Stock | 4,441 | 0 | D |
Explanation of responses
- F1Of the 53,355 shares held, 7,652 shares were held Directly; 45,703 shares were held by Trust.
- F2Of the 51,806 shares held, 7,652 shares were held Directly; 44,154 shares were held by Trust.
- F3The restricted stock units will vest in full on November 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 December 31, 2012. Vested shares will be delivered to the reporting person upon vest.