CFO exercised or converted 1,355 MCHP derivative securities

1. 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.
2. This Amended Form 4 is filed to accurately report performance measure date on this grant. All subsequent reports filed after this date are deemed to include the modification herein.

Most active this month

• Dell Technologies124 filings
• Microsoft37 filings
• Seagate Technology34 filings
• CrowdStrike34 filings
• PPGPPG Industries31 filings
• Huntington Ingalls Industries30 filings