$ Value
$0
Shares
1,452
Price
$0
Filed
Aug 19
Insider
Name
Simoncic Richard J
Title
CHIEF OPERATING OFFICER
CIK
0001181945
Roles
Transaction Details
Transaction Date
2025-08-15
Code
M
Table
Derivative
Ownership
Direct
Equity Swap
No
Shares After
—
Footnotes
The restricted stock units vested in full on August 15, 2025. Vested shares were delivered to the reporting person upon vest. | 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 the relative total shareholder return (TSR) of Microchip common stock compared to a peer group of twenty companies over a three-year period ending on June 30, 2024. The target number of PSU shares that may be earned is reported in the table above, the minimum number of shares that may be earned is zero if Microchip's TSR is at or lower than the 25th percentile of the peer group and the maximum number of shares that may be earned is 200% of the target if Microchip's TSR is at or higher than the 75th percentile of the peer group. Earned PSUs will vest on August 15, 2025 as long as the reporting person remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest. | The restricted stock units vest in four quarterly installments of 1,406 shares beginning November 15, 2023, one quarterly installment of 702 shares on November 15, 2024, one quarterly installment of 704 shares on February 15, 2025 and six quarterly installments of 702 shares beginning on May 15, 2025. Vested shares were delivered to the reporting person upon vest. | 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 September 30, 2024. 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 40.0% 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 vested ratably over eight quarters beginning on November 15, 2024 as long as the reporting person remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest.
Filing Info
Simoncic Richard J's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-04-01 | MCHP | A | $0 |
| 2026-04-01 | MCHP | A | $0 |
| 2026-04-01 | MCHP | A | $0 |
| 2026-04-01 | MCHP | A | $0 |
| 2026-04-01 | MCHP | A | $0 |
| 2026-04-01 | MCHP | A | $0 |
| 2026-03-02 | MCHP | A | $21K |
| 2026-02-16 | MCHP | M | $54K |
| 2026-02-16 | MCHP | F | $15K |
| 2026-02-16 | MCHP | M | $9K |
Other Insiders at MCHP (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
|
Sanghi Steve
President, CEO and Chair of Bd
|
— | $17.2M | 2026-04-01 |
|
Simoncic Richard J
CHIEF OPERATING OFFICER
|
— | — | 2026-04-01 |
|
Bjornholt James Eric
SENIOR VP AND CFO
|
— | $430K | 2026-04-01 |
|
Bunker Mathew B
SENIOR VP, OPERATIONS
|
— | $784K | 2026-04-01 |
|
Krawczyk Joseph R II
SR. VP, WW CLIENT ENGAGEMENT
|
— | $346K | 2026-04-01 |