SEC Form 4 · accession 0000827054-18-000077
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
Apr 2, 2018
Accepted (ET)
Apr 4, 2018 · 5:18 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 | holding | — | — | — | 4,567,067 | 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,F3 | — | Apr 2, 2018 | A | 12,419 | A | — | — | Common Stock | 12,419 | 12,419 | D |
Explanation of responses
- F1Of the 4,567,067 shares held, 1,614,131 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership.
- F2Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F3The restricted stock units will vest in full on May 15, 2022 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.