0000827054-25-000104.txt : 20250716 0000827054-25-000104.hdr.sgml : 20250716 20250716134133 ACCESSION NUMBER: 0000827054-25-000104 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250711 FILED AS OF DATE: 20250716 DATE AS OF CHANGE: 20250716 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: 001-42569 FILM NUMBER: 251126902 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_1752687689.xml FORM 4 X0508 4 2025-07-11 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 President, CEO and Chair of Bd 0 Common Stock 10161135 I Shares held Indirectly, by Trust and by Family Limited Partnership. Performance Stock Units 2025-07-11 4 A 0 142451 0 A Common Stock 142451 142451 D Restricted Stock Units 2025-07-11 4 A 0 129790 0 A Common Stock 129790 129790 D Of the 10,161,135 shares held, 4,255,263 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.. 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 in 5 quarterly installments of 20,472 on 8/15/28; 24,197 on 11/15/28; 32,964 on 2/15/29; 38,660 on 5/15/29 and 26,158 on 8/15/29, 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 six quarterly installments of 34,823 shares on 5/15/28; 13,648 shs on 8/15/28; 16,131 shs on 11/15/28; 21,976 shs on 2/15/29; 25,773 shs on 5/15/29; and 17,438 shs on 8/15/29, as long as the individual remains a service provider through the vesting date(s). Deborah L. Wussler, as Attorney-in-Fact 2025-07-16