0000827054-25-000098.txt : 20250703
0000827054-25-000098.hdr.sgml : 20250703
20250703175603
ACCESSION NUMBER: 0000827054-25-000098
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250701
FILED AS OF DATE: 20250703
DATE AS OF CHANGE: 20250703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SIMONCIC RICHARD J
CENTRAL INDEX KEY: 0001181945
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-42569
FILM NUMBER: 251106541
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
EIN: 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_1751579754.xml
FORM 4
X0508
4
2025-07-01
0
0000827054
MICROCHIP TECHNOLOGY INC
MCHP
0001181945
SIMONCIC RICHARD J
C/O MICROCHIP TECHNOLOGY INCORPORATED
2355 WEST CHANDLER BOULEVARD
CHANDLER
AZ
85224-6199
0
1
0
0
CHIEF OPERATING OFFICER
0
Common Stock
149493
I
Shares held Indirectly, by Trust.
Performance Stock Units
2025-07-01
4
A
0
4360
0
A
Common Stock
4360
4360
D
Restricted Stock Units
2025-07-01
4
A
0
4359
0
A
Common Stock
4359
4359
D
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, 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 29.0% 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, 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.
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, 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.
Deborah L. Wussler, as Attorney-in-Fact
2025-07-03