Form 4 for MCHP Microchip Technology
Accepted 2024-05-17 00:00:00 ET · period of report 2024-05-15 · accession 0000827054-24-000090 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-05-17 | 2024-05-15 | MCHP | Bjornholt James Eric | CFO, Senior VP | M - OptEx | $95.36 | +5,581 | 36.0K | +18% | +$532.2K |
| DMI | 2024-05-17 | 2024-05-15 | MCHP | Bjornholt James Eric | CFO, Senior VP | F - Tax | $95.36 | -2,393 | 36.4K | -6% | -$228.2K |
| DM | 2024-05-17 | 2024-05-15 | MCHP | Bjornholt James Eric | CFO, Senior VP | M - OptEx | $0.00 | -7,384 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-05-15 | M | A | 1,556 | $95.36 | 37,112 | I Shares held Indirectly, by Trust. | — | — | |
| 2 | Common | Common Stock | 2024-05-15 | M | A | 2,914 | $95.36 | 36,171 | I Shares held Indirectly, by Trust. | — | — | |
| 3 | Common | Common Stock | 2024-05-15 | F | D | 477 | $95.36 | 35,556 | I Shares held Indirectly, by Trust. | — | — | |
| 4 | Common | Common Stock | 2024-05-15 | M | A | 1,111 | $95.36 | 36,033 | I Shares held Indirectly, by Trust. | — | — | |
| 5 | Common | Common Stock | 2024-05-15 | F | D | 1,249 | $95.36 | 34,922 | I Shares held Indirectly, by Trust. | — | — | |
| 6 | Common | Common Stock | 2024-05-15 | F | D | 667 | $95.36 | 36,445 | I Shares held Indirectly, by Trust. | — | — | |
| 7 | Derivative | Restricted Stock Units | 2024-05-15 | M | D | 1,556 | $0.00 | 7,762 | D | $95.36 · — to — | 1,556 Common Stock | (F3) The restricted stock units vest in three quarterly installments of 1,556 shares beginning November 15, 2023, one quarterly installment of 1,554 shares on August 15, 2024, and eight quarterly installments of 776 shares beginning on November 15, 2024, as long as the individual remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest. |
| 8 | Derivative | Restricted Stock Units | 2024-05-15 | M | D | 2,914 | $0.00 | 0 | D | $95.36 · — to — | 2,914 Common Stock | (F1) The restricted stock units vested in full on May 15, 2024 . Vested shares were delivered to the reporting person upon vest. |
| 9 | Derivative | Performance Stock Units | 2024-05-15 | M | D | 2,914 | $0.00 | 0 | D | $95.36 · — to — | 2,914 Common Stock | (F2) Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on the relative total shareholder return (TSR) of Microchip common stock compared to a peer group of twenty companies over a two-year period ending on March 31, 2022. The target number of PSU shares that may be earned is reported in the table above, the minimum number of shares that may be earned is zero if Microchip's TSR is at or lower than the 25th percentile of the peer group and the maximum number of shares that may be earned is 200% of the target if Microchip's TSR is at or higher than the 75th percentile of the peer group. Earned PSUs vested on May 15, 2024. Vested shares were delivered to the reporting person upon vest. |