SEC Form 4 · accession 0000827054-18-000175
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
Aug 14, 2018
Accepted (ET)
Aug 15, 2018 · 7:49 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 | 3,048 | $82.34 | A | 51,856 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 1,328 | $82.34 | D | 50,528 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | M | 91 | $82.34 | A | 50,619 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 40 | $82.34 | D | 50,579 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | M | 176 | $82.34 | A | 50,755 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 77 | $82.34 | D | 50,678 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | M | 2,033 | $82.34 | A | 52,741 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 886 | $82.34 | D | 51,825 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | M | 293 | $82.34 | A | 52,118 | I | Shares held Indirectly, by Trust. |
| Common Stock | Aug 15, 2018 | F | 128 | $82.34 | D | 51,990 | 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 | 429 | A | — | — | Common Stock | 429 | 429 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 3,048 | D | — | — | Common Stock | 3,048 | 0 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 91 | D | — | — | Common Stock | 91 | 0 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 176 | D | — | — | Common Stock | 176 | 0 | D |
| Restricted Stock UnitsF4 | $82.34 | Aug 15, 2018 | M | 2,033 | D | — | — | Common Stock | 24,402 | 16,270 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 293 | D | — | — | Common Stock | 293 | 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.