Transaction Details

Footnotes

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).