4/A//SEC Filing
Sanghi Steve 4/A
Accession 0001181928-25-000008
CIK 0000827054other
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 4:59 PM ET
Size
10.1 KB
Accession
0001181928-25-000008
Insider Transaction Report
Form 4/AAmended
Sanghi Steve
DirectorPresident, CEO and Chair of Bd
Transactions
- Award
Performance Stock Units
2025-10-01+29,246→ 29,246 total→ Common Stock (29,246 underlying) - Award
Restricted Stock Units
2025-10-01+19,498→ 19,498 total→ Common Stock (19,498 underlying)
Holdings
- 10,167,682(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Of the 10,167,682 shares held, 4,261,810 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership
- [F2]Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- [F3]The restricted stock units will vest in full on November 15, 2029 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- [F4]Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- [F5]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 September 30, 2028. 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 30.0% 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 November 15, 2029 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.
- [F6]This Amended Form 4 is filed to accurately report the non-GAAP operating margin as 30.0%. All subsequent reports filed after this date are deemed to include the modification herein.
Documents
Issuer
MICROCHIP TECHNOLOGY INC
CIK 0000827054
Entity typeother
Related Parties
1- filerCIK 0001181928
Filing Metadata
- Form type
- 4/A
- Filed
- Oct 5, 8:00 PM ET
- Accepted
- Oct 6, 4:59 PM ET
- Size
- 10.1 KB