SEC Form 4 · accession 0000827054-18-000272
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Sanghi
Officer — President, CEO, Chairman · Director
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 StockF1 | Nov 15, 2018 | M | 21,105 | $75.35 | A | 4,656,974 | I | Shares held Indirectly, by Trust and by Family Limited Partnership. |
| Common StockF2 | Nov 15, 2018 | M | 12,353 | $75.35 | A | 4,669,327 | I | Shares held Indirectly, by Trust and by Family Limited Partnership. |
| Common StockF3 | Nov 15, 2018 | M | 752 | $75.35 | A | 4,670,079 | I | Shares held Indirectly, by Trust and by Family Limited Partnership. |
| Common StockF4 | Nov 15, 2018 | M | 1,152 | $75.35 | A | 4,371,231 | I | Shares held Indirectly, by Trust and by Family Limited Partnership. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5 | $75.35 | Nov 15, 2018 | M | 21,105 | A | — | — | Common Stock | 21,105 | 0 | D |
| Restricted Stock UnitsF6 | $75.35 | Nov 15, 2018 | M | 12,353 | D | — | — | Common Stock | 148,235 | 86,471 | D |
| Restricted Stock UnitsF6 | $75.35 | Nov 15, 2018 | M | 752 | D | — | — | Common Stock | 752 | 0 | D |
| Common StockF7 | $75.35 | Nov 15, 2018 | M | 1,152 | D | — | — | Common Stock | 1,152 | 0 | D |
Explanation of responses
- F1Of the 4,656,974 shares held, 1,704,038 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership..
- F2Of the 4,669,327 shares held, 1,716,391 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership..
- F3Of the 4,670,079 shares held, 1,717,143 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership..
- F4Of the 4,671,231 shares held, 1,718,295 shares were held by The Sanghi Trust; and 2,952,936 shares were held by The Sanghi Family Limited Partnership..
- F5The 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.
- F6The 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.
- F7The 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.