---
schema_version: "secwatch.filing_event.v1"
accession: "0000827054-22-000062"
form_type: "8-K"
ticker: "MCHP"
cik: "0000827054"
company_name: "MICROCHIP TECHNOLOGY INC"
filed_at: "2022-04-01T23:59:59+00:00"
generated_at: "2026-06-26T11:19:24.925446+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Microchip elects cash settlement for convertible notes with min $1,000 cash per $1,000 principal

## Summary
- Irrevocable election to settle conversions of 2024, 2025, 2027, and 2037 convertible notes via combination settlement with at least $1,000 cash per $1,000 principal.
- Election covers 1.625% Senior Subordinated Notes due 2025, 2.25% Junior Subordinated Notes due 2037, 1.625% Senior Subordinated Notes due 2027, and 0.125% Senior Subordinated Notes due 2024.
- Specified Dollar Amount ensures noteholders receive par value in cash for any conversion, limiting stock dilution for Microchip.

## SEC filing metadata
- accession: 0000827054-22-000062
- form_type: 8-K
- ticker: MCHP
- cik: 0000827054
- company_name: MICROCHIP TECHNOLOGY INC
- filed_at: 2022-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827054/000082705422000062/0000827054-22-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827054/000082705422000062/mchp-20220401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000827054-22-000062
- JSON: https://secwatch.observer/filing/0000827054-22-000062.json
- Plain text: https://secwatch.observer/filing/0000827054-22-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.