Footnotes
ID | footnote |
f1 |
of the 4,821,656 shares held, 1,891,579 shares were held by the sanghi trust; and 2,952,936 shares were held by the sanghi family limited partnership |
f2 |
each restricted stock unit represent a contingent right to receive one share of microchip technology incorporated common stock. |
f3 |
the restricted stock units will vest in full on may 15, 2024 as long as the individual remains a service provider through the vesting date. vested shares will be delivered to the reporting person upon vest. |
f4 |
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 two-year period ending on march 31, 2022. 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 may 15, 2024 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. |