SEC Form 4 · accession 0000827054-18-000172
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell R Little
Officer — VP, WW Sales and Appns.
Period of report
Aug 14, 2018
Accepted (ET)
Aug 15, 2018 · 7:48 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 | 3,726 | $82.34 | A | 13,939 | D | |
| Common Stock | Aug 15, 2018 | F | 1,657 | $82.34 | D | 12,282 | D | |
| Common Stock | Aug 15, 2018 | M | 112 | $82.34 | A | 12,394 | D | |
| Common Stock | Aug 15, 2018 | F | 50 | $82.34 | D | 12,344 | D | |
| Common Stock | Aug 15, 2018 | M | 133 | $82.34 | A | 12,477 | D | |
| Common Stock | Aug 15, 2018 | F | 60 | $82.34 | D | 12,417 | D | |
| Common Stock | Aug 15, 2018 | M | 2,426 | $82.34 | A | 14,843 | D | |
| Common Stock | Aug 15, 2018 | F | 1,079 | $82.34 | D | 13,964 | D | |
| Common Stock | Aug 15, 2018 | M | 278 | $82.34 | A | 14,042 | D | |
| Common Stock | Aug 15, 2012 | F | 124 | $82.34 | D | 13,918 | D |
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 | 586 | A | — | — | Common Stock | 586 | 586 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 3,726 | D | — | — | Common Stock | 3,726 | 0 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 112 | D | — | — | Common Stock | 112 | 0 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 133 | D | — | — | Common Stock | 133 | 0 | D |
| Restricted Stock UnitsF4 | $82.34 | Aug 15, 2018 | M | 2,426 | D | — | — | Common Stock | 29,115 | 19,419 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 278 | D | — | — | Common Stock | 278 | 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.