SEC Form 4/A · accession 0000827054-19-000074
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Stephen V Drehobl
Officer — VP, MCU8 Division
Period of report
Feb 15, 2019
Accepted (ET)
Feb 19, 2019 · 6:15 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 | Feb 15, 2019 | M | 4,901 | $91.10 | A | 22,074 | D | |
| Common Stock | Feb 15, 2019 | F | 1,452 | $91.10 | D | 20,622 | D | |
| Common Stock | Feb 15, 2019 | M | 2,794 | $91.10 | A | 23,416 | D | |
| Common Stock | Feb 15, 2019 | F | 798 | $91.10 | D | 22,618 | D | |
| Common Stock | Feb 15, 2019 | M | 156 | $91.10 | A | 22,774 | D | |
| Common Stock | Feb 15, 2019 | F | 45 | $91.10 | D | 22,729 | D | |
| Common Stock | Feb 15, 2019 | M | 254 | $91.10 | A | 22,983 | D | |
| Common Stock | Feb 15, 2019 | F | 73 | $91.10 | D | 22,910 | 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 | $91.10 | Feb 15, 2019 | M | 4,901 | D | — | — | Common Stock | 4,901 | 0 | D |
| Restricted Stock UnitsF2,F3 | $91.10 | Feb 15, 2019 | M | 2,794 | D | — | — | Common Stock | 33,528 | 16,764 | D |
| Restricted Stock UnitsF4 | $91.10 | Feb 15, 2019 | M | 156 | D | — | — | Common Stock | 156 | 0 | D |
| Restricted Stock UnitsF5 | $91.10 | Feb 15, 2019 | M | 254 | D | — | — | Common Stock | 254 | 0 | D |
Explanation of responses
- F1The restricted stock units will vest in full on February 15, 2019 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 March 31, 2015. Vested shares will be delivered to the reporting person upon vest.
- F2The 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.
- F3This Amended Form 4 is filed to accurately report the number of RSU shares remaining after the vest reported herein. All subsequent reports filed after this date are deemed to include the modification herein.
- F4The restricted stock units will vest in full on February 15, 2019 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 March 31, 2016. Vested shares will be delivered to the reporting person upon vest.
- F5The restricted stock units will vest in full on February 15, 2019 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 March 31, 2017. Vested shares will be delivered to the reporting person upon vest.