SEC Form 4 · accession 0000827054-18-000170
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Eric Bjornholt
Officer — VP and CFO
Period of report
Aug 14, 2018
Accepted (ET)
Aug 15, 2018 · 7:47 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 Stock | Aug 15, 2018 | M | 2,710 | $82.34 | A | 22,271 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 1,048 | $82.34 | D | 21,223 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | M | 81 | $82.34 | A | 21,304 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 36 | $82.34 | D | 21,268 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | M | 108 | $82.34 | A | 21,376 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 48 | $82.34 | D | 21,329 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | M | 1,773 | $82.34 | A | 23,101 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 773 | $82.34 | D | 22,328 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | M | 214 | $82.34 | A | 22,542 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 94 | $82.34 | D | 22,448 | I | Shares held 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 UnitsF1,F2 | — | Aug 14, 2018 | A | 333 | A | — | — | Common Stock | 333 | 333 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 2,710 | D | — | — | Common Stock | 2,710 | 0 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 81 | D | — | — | Common Stock | 81 | 0 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 108 | D | — | — | Common Stock | 108 | 0 | D |
| Restricted Stock UnitsF4 | $82.34 | Aug 15, 2018 | M | 1,773 | D | — | — | Common Stock | 21,276 | 14,184 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 214 | D | — | — | Common Stock | 214 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F2The restricted stock units will vest in full on August 15, 2019 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F3The restricted stock units will vest in full on August 15, 2018 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F4The 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. Vested shares will be delivered to the reporting person upon vest.