SEC Form 4 · accession 0000827054-18-000271
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ganesh Moorthy
Officer — COO
Period of report
Nov 15, 2018
Accepted (ET)
Nov 15, 2018 · 7:11 pm EST
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 | Nov 15, 2018 | M | 8,794 | $75.35 | A | 263,784 | I | Shares held Indirectly, by Trust. |
| Common Stock | Nov 15, 2018 | F | 3,778 | $75.50 | D | 260,006 | I | Shares held Indirectly, by Trust. |
| Common Stock | Nov 15, 2018 | M | 5,172 | $75.35 | A | 265,178 | I | Shares held Indirectly, by Trust. |
| Common Stock | Nov 15, 2018 | F | 2,222 | $75.35 | D | 262,956 | I | Shares held Indirectly, by Trust. |
| Common Stock | Nov 15, 2018 | M | 352 | $75.35 | A | 263,308 | I | Shares held Indirectly, by Trust. |
| Common Stock | Nov 15, 2018 | F | 152 | $75.35 | D | 263,156 | I | Shares held Indirectly, by Trust. |
| Common Stock | Nov 15, 2018 | M | 1,303 | $75.35 | A | 264,459 | I | Shares held Indirectly, by Trust. |
| Common Stock | Nov 15, 2018 | F | 560 | $75.35 | D | 263,899 | I | Shares held Indirectly, by Trust. |
| Common Stock | Nov 15, 2018 | M | 164 | $75.35 | A | 264,063 | I | Shares held Indirectly, by Trust. |
| Common Stock | Nov 15, 2018 | F | 71 | $75.35 | D | 263,992 | 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 | $75.35 | Nov 15, 2018 | M | 8,794 | D | — | — | Common Stock | 8,794 | 0 | D |
| Restricted Stock UnitsF2 | $74.35 | Nov 15, 2018 | M | 5,172 | D | — | — | Common Stock | 62,067 | 36,207 | D |
| Restricted Stock UnitsF2 | $75.35 | Nov 15, 2018 | M | 352 | D | — | — | Common Stock | 352 | 0 | D |
| Restricted Stock UnitsF3 | $75.35 | Nov 15, 2018 | M | 1,303 | D | — | — | Common Stock | 1,303 | 0 | D |
| Restricted Stock UnitsF4 | $75.35 | Nov 15, 2018 | M | 164 | D | — | — | Common Stock | 164 | 0 | D |
Explanation of responses
- F1The restricted stock units will vest in full on November 15, 2018 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expenses in the quarter ended December 31, 2014. Vested shares will be delivered to the reporting person upon vest.
- F2The restricted stock units will vest in full on November 15, 2018 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expense in the quarter ended Decenber 31, 2015. Vested shares will be delivered to the reporting person upon vest.
- F3The restricted stock units will vest in full on November 15, 2018 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expense in the quarter ended December 31, 2016. Vested shares will be delivered to the reporting person upon vest.
- F4The restricted stock units will vest in full on November 15, 2018 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for operating expense in the quarter ended December 31, 2017. Vested shares will be delivered to the reporting person upon vest.