MICRON TECHNOLOGY INC — Director's Dealing 2014

Jun 16, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICRON TECHNOLOGY INC (MU)
CIK: 0000723125
Period of Report: 2014-06-12

Reporting Person: DURCAN DERMOT MARK (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-12	Common Stock	A	10300	—	Acquired	1757117	Direct
2014-06-12	Common Stock	A	6900	—	Acquired	1764017	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-12	Non-Qualified Stock Option	$30.99	A	13300	Acquired	2022-06-12	Common Stock (13300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	284653	Indirect
Common Stock	3101	Indirect

Footnotes

F1: Restricted Stock Award will vest in 25% increments on October 16, 2014, 2015, 2016 and 2017.

F2: 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 forfeit.

F3: Stock Option Grant will vest in 25% increments on October 16, 2014, 2015, 2016 and 2017.

F4: In October 2013 the Company's Compensation Committee approved equity awards for Mr. Durcan with an aggregate value of $8 million. Due to a clerical error, Mr. Durcan was awarded equity with an aggregate value of approximately $7.3 million. The awards reported on this Form 4 were granted so that the total value of the awards granted to Mr. Durcan for fiscal 2014 will equal approximately $8 million.