SEC Form 4 · accession 0000827054-17-000224
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, 2017
Accepted (ET)
Nov 16, 2017 · 4:58 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, 2017 | M | 3,765 | $89.59 | A | 52,020 | I | Shares held Directly and Indirectly, by Trust. |
| Common StockF2 | Nov 15, 2017 | F | 1,738 | $89.59 | D | 50,282 | I | Shares held Directly and Indirectly, by Trust. |
| Common StockF3 | Nov 15, 2017 | M | 2,033 | $89.59 | A | 52,315 | I | Shares held Directly and Indirectly, by Trust. |
| Common StockF4 | Nov 15, 2017 | F | 939 | $89.59 | D | 51,376 | 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 UnitsF5 | $89.59 | Nov 15, 2017 | M | 3,765 | D | — | — | Common Stock | 3,765 | 0 | D |
| Restricted Stock UnitsF6 | $89.59 | Nov 15, 2017 | M | 2,033 | D | — | — | Common Stock | 24,402 | 22,369 | D |
Explanation of responses
- F1Of the 52,020 shares held, 7,652 shares were held Directly; 44,368 shares were held by Trust.
- F2Of the 50,282 shares held, 7,652 shares were held Directly; 42,630 shares were held by Trust.
- F3Of the 52,315 shares held, 7,652 shares were held Directly; 44,663 shares were held by Trust.
- F4Of the 51,376 shares held, 7,652 shares were held Directly; 43,724 shares were held by Trust.
- F5The restricted stock units will vest in full on November 15, 2017 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, 2016. Vested shares will be delivered to the reporting person upon vest.
- F6The restricted stock units vest in twelve equal quarterly installments beginning November 15, 2017 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, 2015. Vested shares will be delivered to the reporting person upon vest.