Microchip Technology Incorporated director just picked up 1,000 shares

Wade F Meyercord, a director of Microchip Technology Incorporated, recently acquired 1,000 shares of the company. The buys took place at prices ranging from $46.20 to $46.27 per share, on dates ranging from August 11 to August 12, 2014. Meyercord now owns 19,300 shares of the company. Meyercord operates out of Chandler, AZ. Some additional info was provided as follows:

The restricted stock units will vest in equal 50% annual installments on each of the two anniversaries of the tenth business day of the second month of the fiscal quarter in which the grant is made.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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