0000827054-24-000093.txt : 20240517
0000827054-24-000093.hdr.sgml : 20240517
20240517170447
ACCESSION NUMBER: 0000827054-24-000093
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240515
FILED AS OF DATE: 20240517
DATE AS OF CHANGE: 20240517
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SANGHI STEVE
CENTRAL INDEX KEY: 0001181928
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21184
FILM NUMBER: 24961157
MAIL ADDRESS:
STREET 1: 2355 W CHANDLER BLVD
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]
ORGANIZATION NAME: 04 Manufacturing
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
1
wk-form4_1715979858.xml
FORM 4
X0508
4
2024-05-15
0
0000827054
MICROCHIP TECHNOLOGY INC
MCHP
0001181928
SANGHI STEVE
C/O MICROCHIP TECHNOLOGY INCORPORATED
2355 WEST CHANDLER BOULEVARD
CHANDLER
AZ
85224-6199
1
1
0
0
Executive Chair
0
Common Stock
2024-05-15
4
M
0
16750
95.36
A
10107171
I
Shares held Indirectly, by Trust and by Family Limited Partnership.
Common Stock
2024-05-15
4
F
0
6927
95.36
D
10100244
I
Shares held Indirectly, by Trust and by Family Limited Partnership.
Common Stock
2024-05-15
4
M
0
6388
95.36
A
10106632
I
Shares held Indirectly, by Trust and by Family Limited Partnership.
Common Stock
2024-05-15
4
F
0
2642
95.36
D
10103990
I
Shares held Indirectly, by Trust and by Family Limited Partnership.
Restricted Stock Units
95.36
2024-05-15
4
M
0
16750
0
D
Common Stock
16750
0
D
Performance Stock Units
95.36
2024-05-15
4
M
0
16752
0
D
Common Stock
16752
0
D
Of the 10,107,171 shares held, 4,201,299 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
Of the 10,100,244 shares held, 4,194,372 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
Of the 10,106,632 shares held, 4,200,760 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
Of the 10,103,990 shares held, 4,198,118 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
The restricted stock units vested in full on May 15, 2024. Vested shares were delivered to the reporting person upon vest.
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.
Deborah L. Wussler, as Attorney-in-Fact
2024-05-17