0000827054-23-000118.txt : 20230710 0000827054-23-000118.hdr.sgml : 20230710 20230710132351 ACCESSION NUMBER: 0000827054-23-000118 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230705 FILED AS OF DATE: 20230710 DATE AS OF CHANGE: 20230710 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bjornholt James Eric CENTRAL INDEX KEY: 0001452681 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-21184 FILM NUMBER: 231079183 MAIL ADDRESS: STREET 1: MICROCHIP TECHNOLOGY INCORPORATED STREET 2: 2355 WEST CHANDLER BOULEVARD CITY: CHANDLER STATE: AZ ZIP: 85224-6199 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MICROCHIP TECHNOLOGY INC CENTRAL INDEX KEY: 0000827054 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 860629024 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 2355 W CHANDLER BLVD CITY: CHANDLER STATE: AZ ZIP: 85224-6199 BUSINESS PHONE: 480-792-7200 MAIL ADDRESS: STREET 1: 2355 WEST CHANDLER BLVD CITY: CHANDLER STATE: AZ ZIP: 85224-6199 4/A 1 wf-form4a_168900982070787.xml FORM 4/A X0407 4/A 2023-07-05 2023-07-07 0 0000827054 MICROCHIP TECHNOLOGY INC MCHP 0001452681 Bjornholt James Eric C/O MICROCHIP TECHNOLOGY INCORPORATED 2355 WEST CHANDLER BOULEVARD CHANDLER AZ 85224-6199 0 1 0 0 Senior VP and CFO 0 Common Stock 32004 I Shares held Indirectly, by Trust. Restricted Stock Units 2023-07-05 4 A 0 2226 0 A Common Stock 2226.0 2226 D Performance Stock Units 2023-07-05 4 A 0 2227 0 A Common Stock 2227.0 2227 D Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock. The restricted stock units will vest in full on August 15, 2027 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock. 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 June 30, 2026. 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 42.0% 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 on August 15, 2027 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. This Amended Form 4 is filed to accurately report the correct vesting date for the RSU grant. All subsequent reports filed after this date are deemed to include the modification herein. Deborah L. Wussler, as Attorney-in-Fact 2023-07-10