Form 4 for MCHP Microchip Technology
Accepted 2025-05-19 00:00:00 ET · period of report 2025-05-15 · accession 0000827054-25-000069 · 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 | 2025-05-19 | 2025-05-15 | MCHP | Bjornholt James Eric | SENIOR VP AND CFO | F - Tax | $60.80 | -2,096 | 35.6K | -6% | -$127.4K |
| DMI | 2025-05-19 | 2025-05-15 | MCHP | Bjornholt James Eric | SENIOR VP AND CFO | M - OptEx | $60.80 | +4,884 | 35.9K | +16% | +$296.9K |
| DM | 2025-05-19 | 2025-05-15 | MCHP | Bjornholt James Eric | SENIOR VP AND CFO | M - OptEx | $0.00 | -4,884 | 3,890 | -56% | $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 | 2025-05-15 | F | D | 636 | $60.80 | 35,112 | I Shares held Indirectly, by Trust. | — | — | |
| 2 | Common | Common Stock | 2025-05-15 | M | A | 1,482 | $60.80 | 35,748 | I Shares held Indirectly, by Trust. | — | — | |
| 3 | Common | Common Stock | 2025-05-15 | F | D | 546 | $60.80 | 34,266 | I Shares held Indirectly, by Trust. | — | — | |
| 4 | Common | Common Stock | 2025-05-15 | M | A | 1,272 | $60.80 | 34,812 | I Shares held Indirectly, by Trust. | — | — | |
| 5 | Common | Common Stock | 2025-05-15 | F | D | 581 | $60.80 | 36,328 | I Shares held Indirectly, by Trust. | — | — | |
| 6 | Common | Common Stock | 2025-05-15 | M | A | 1,354 | $60.80 | 36,909 | I Shares held Indirectly, by Trust. | — | — | |
| 7 | Common | Common Stock | 2025-05-15 | F | D | 333 | $60.80 | 35,555 | I Shares held Indirectly, by Trust. | — | — | |
| 8 | Common | Common Stock | 2025-05-15 | M | A | 776 | $60.80 | 35,888 | I Shares held Indirectly, by Trust. | — | — | |
| 9 | Derivative | Restricted Stock Units | 2025-05-15 | M | D | 776 | $0.00 | 3,880 | D | $60.80 · — to — | 776 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. Vested shares were delivered to the reporting person upon vest. |
| 10 | Derivative | Restricted Stock Units | 2025-05-15 | M | D | 1,482 | $0.00 | 0 | D | $60.80 · — to — | 1,482 Common Stock | (F2) The restricted stock units vested in full on May 15, 2025. Vested shares were delivered to the reporting person upon vest. |
| 11 | Derivative | Performance Stock Units | 2025-05-15 | M | D | 1,272 | $0.00 | 0 | D | $60.80 · — to — | 1,272 Common Stock | (F1) 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, 2023. 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 will vest on May 15, 2025 as long as the reporting person remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest. |
| 12 | Derivative | Performance Stock Units | 2025-05-15 | M | D | 1,354 | $0.00 | 3,890 | D | $60.80 · — to — | 1,354 Common Stock | (F4) 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 Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending March 31, 2024. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 40.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest ratably over eight quarters beginning on November 15, 2024 as long as the reporting person remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest. |