4//SEC Filing
Sanghi Steve 4
Accession 0001181928-26-000002
CIK 0000827054other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:22 PM ET
Size
9.8 KB
Accession
0001181928-26-000002
Insider Transaction Report
Form 4
Sanghi Steve
DirectorPresident, CEO and Chair of Bd
Transactions
- Award
Restricted Stock Units
2026-01-02+19,222→ 19,222 total→ Common Stock (19,222 underlying) - Award
Performance Stock Units
2026-01-02+28,833→ 28,833 total→ Common Stock (28,833 underlying)
Holdings
- 10,039,642(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Of the 10,039,642 shares held, 4,133,770 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 February 15, 2030 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 December 31, 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 February 15, 2030 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.
Documents
Issuer
MICROCHIP TECHNOLOGY INC
CIK 0000827054
Entity typeother
Related Parties
1- filerCIK 0001181928
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:22 PM ET
- Size
- 9.8 KB