SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SANGHI STEVE

(Last) (First) (Middle)
C/O MICROCHIP TECHNOLOGY INCORPORATED
2355 WEST CHANDLER BOULEVARD

(Street)
CHANDLER AZ 85224-6199

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MICROCHIP TECHNOLOGY INC [ MCHP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President, CEO, Chairman
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/15/2012 M 2,778 A $36.7 4,765,362 (1) I Held Directly and Indirectly, by the Family Trust, the Sanghi LLC and the Sanghi Family LP. (1)
Common Stock 02/16/2012 M 47,562 A $21 4,812,294 (2) I Held Directly and Indirectly, by the Family Trust, the Sanghi LLC and the Sanghi Family LP. (2)
Common Stock 02/16/2012 M 50,000 A $24.04 4,862,924 (3) I Held Directly and Indirectly, by the Family Trust, the Sanghi LLC and the Sanghi Family LP. (3)
Common Stock 02/16/2012 S 47,562 D $37.1367 4,815,362 (4) I Held Directly and Indirectly, by the Family Trust, the Sanghi LLC and the Sanghi Family LP. (4)
Common Stock 02/16/2012 S 50,000 D $37.22 4,765,362 (1) I Held Directly and Indirectly, by the Family Trust, the Sanghi LLC and the Sanghi Family LP. (1)
Common Stock 02/17/2012 M 50,000 A $24.04 4,815,362 (4) I Held Directly and Indirectly, by the Family Trust, the Sanghi LLC and the Sanghi Family LP. (4)
Common Stock 02/17/2012 S 50,000 D $37.1661 4,765,362 (1) I Held Directly and Indirectly, by the Family Trust, the Sanghi LLC and the Sanghi Family LP. (1)
Common Stock 02/17/2012 G (5) V 2,874,179 D $0 4,765,362 (6) I Held Directly and Indirectly, by the Family Trust, the Sanghi LLC and the Sanghi Family LP. (6)
Common Stock 02/17/2012 G (7) V 50,000 D $0 4,765,362 (8) I Held Directly and Indirectly, by the Family Trust, the Sanghi LLC and the Sanghi Family LP. (8)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $36.7 02/15/2012 M 2,778 (9) (9) Common Stock 22,226 $0 8,336 D
Common Stock Option (Right to Buy) $21 02/16/2012 M 47,652 08/01/2003 08/01/2012 CommonStock 47,652 $0 0 D
Common Stock Option (Right to Buy) $24.04 02/16/2012 M 50,000 10/25/2003 10/25/2012 Common Stock 303,750 $0 253,750 D
Common Stock Option (Right to Buy) $24.04 02/17/2012 M 50,000 10/25/2003 10/25/2012 Common Stock 303,750 $0 203,750 D
Explanation of Responses:
1. Of the 4,765,362 shares held, 14,604 shares were held Directly; 4,637,981 shares were held by the Family Trust; 7,250 shares were held by the Sanghi LLC, a limited liability company (the "Sanghi LLC) and 105,527 shares were held by the Sanghi Limited Partnership.
2. Of the 4,812,924 shares held, 14,604 shares were held Directly; 4,685,543 shares were held by the Family Trust; 7,250 shares were held by the Sanghi LLC, and 105,527 shares were held by the Sanghi Limited Partnership.
3. Of the 4,862,924 shares held, 14,604 shares were held Directly; 4,735,543 shares were held by the Family Trust; 7,250 shares were held by the Sanghi LLC, and 105,527 shares were held by the Sanghi Limited Partnership.
4. Of the 4,815,362 shares held, 14,604 shares were held Directly; 4,687,981 shares were held by the Family Trust; 7,250 shares were held by the Sanghi LLC, and 105,527 shares were held by the Sanghi Limited Partnership.
5. The Sanghi Family Trust ("Family Trust") transferred these shares without the payment of consideration to the Sanghi Family Limited Partnership, a limited partnership of which the Sanghi LLC is a 6.37% limited partner and the Sanghi Family Trust is a 93.13% limited partner, and the Sanghi LLC is the sole general partner.
6. Of the 4,815,362 shares held, 14,604 shares were held Directly; 1,813,802 shares were held by the Family Trust; 7,250 shares were held by the Sanghi LLC, and 2,979,706 shares were held by the Sanghi Limited Partnership.
7. The Family Trust transferred these shares without the payment of consideration to the Sanghi LLC, of which the Family Trust is the sole member. The Reporting person and his wife are the sole trustees of the Family Trust.
8. Of the 4,815,362 shares held, 14,604 shares were held Directly; 1,763,802 shares were held by the Family Trust; 57,250 shares were held by the Sanghi LLC, and 2,979,706 shares were held by the Sanghi Limited Partnership.
9. The restricted stock units will vest in eight equal quarterly installments beginning February 15, 2011 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
Remarks:
Deborah L. Wussler, as Attorney-in-Fact 02/17/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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