SEC Form 4 · accession 0000827054-18-000178
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ganesh Moorthy
Officer — COO
Period of report
Aug 14, 2018
Accepted (ET)
Aug 15, 2018 · 8:07 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 | 7,677 | $82.34 | A | 253,870 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | F | 3,298 | $82.34 | D | 250,572 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | M | 463 | $82.34 | A | 251,035 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | F | 199 | $82.34 | D | 250,836 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | M | 318 | $82.34 | A | 251,154 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | F | 137 | $82.34 | D | 251,017 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | M | 5,172 | $82.34 | A | 256,189 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | F | 2,222 | $82.34 | D | 253,967 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | M | 1,606 | $82.34 | A | 255,573 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | F | 690 | $82.34 | D | 254,883 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | M | 189 | $82.34 | A | 255,072 | I | Shares held Indirectly, by Trust.Common Stock |
| Common Stock | Aug 15, 2018 | F | 82 | $82.34 | D | 254,990 | I | Shares held Indirectly, by Trust.Common Stock |
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 15, 2018 | A | 1,363 | A | — | — | Common Stock | 1,363 | 1,363 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 7,677 | D | — | — | Common Stock | 7,677 | 0 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 463 | D | — | — | Common Stock | 463 | 0 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 318 | D | — | — | Common Stock | 318 | 0 | D |
| Restricted Stock UnitsF4 | $82.34 | Aug 15, 2018 | M | 5,172 | D | — | — | Common Stock | 62,067 | 41,379 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 1,606 | D | — | — | Common Stock | 1,606 | 0 | D |
| Restricted Stock UnitsF3 | $82.34 | Aug 15, 2018 | M | 189 | D | — | — | Common Stock | 189 | 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.