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Actionable news in MCHP: Microchip Technology Incorporated,

Microchip Technology Incorporated's COO just declared owning 181,567 shares of Microchip Technology Incorporated

Ganesh Moorthy, Microchip Technology Incorporated's COO, has just filed an initial statement of beneficial ownership where 181,567 shares of Microchip Technology Incorporated were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Moorthy. Moorthy operates out of Chandler, AZ. Some additional info was provided as follows:

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 full on May 15, 2017 as long as the individual remains a service provider through the vesting date and the Company achieves performance targets for...