MICRON TECHNOLOGY INC — Director's Dealing 2011

Oct 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICRON TECHNOLOGY INC (MU)
CIK: 0000723125
Period of Report: 2011-10-11

Reporting Person: LICCIARDELLO MARIO (VP, Wireless Solutions)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-11	Common Stock	M	12250	—	Acquired	43067	Direct
2011-10-11	Common Stock	F	5268	$5.16	Disposed	37799	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-11	Non-Qualified Stock Option	$5.16	J	259000	Acquired	2017-10-11	Common Stock (259000)	Direct
2011-10-11	Restricted Stock Units	$0	A	73000	Acquired	2015-10-11	Common Stock (73000)	Direct
2011-01-11	Performance Restricted Stock Unit	$0	A	91000	Acquired	2015-10-11	Common Stock (91000)	Direct
2011-10-11	Restricted Stock Unit	$0	M	12250	Acquired	2014-10-11	Common Stock (12250)	Direct

Footnotes

F1: Restricted Stock Units vest in 25% increments annually on anniversary date of grant.

F2: Not Applicable - grant of restricted stock

F3: The vesting of restricted shares is subject to achievement of certain performance criteria. In the event that the performance criteria are not met, the restricted shares will be forfeited.

F4: Stock Options vest in 25% increments annually on anniversary date of grant.

F5: Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock awarded under the Issuer's 2004 Equity Incentive Plan.

F6: Each restricted stock unit is convertible to one share of Common Stock at vest.