MICRON TECHNOLOGY INC — Director's Dealing 2014

Oct 22, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICRON TECHNOLOGY INC (MU)
CIK: 0000723125
Period of Report: 2014-10-20

Reporting Person: OTTE PATRICK T (VP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-20	Common Stock	F	8884	$28.765	Disposed	335883	Direct
2014-10-20	Common Stock	A	15700	$28.765	Acquired	351583	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-20	Non-qualified Stock Option	$28.765	A	19300	Acquired	2022-10-20	Common Stock (19300)	Direct
2014-10-20	Performance Restricted Stock Unit	$0	A	9500	Acquired		Common Stock (9500)	Direct

Footnotes

F1: 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.

F2: Restricted Stock Awards vest in 25% increments annually on the anniversary of the grant.

F3: Non-qualifed Stock Options vest in 25% increments annually on the anniversary of the grant.

F4: Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 200% of one share of common stock based upon the achievement of pre-established performance metrics related to relative TSR and ROA over a 3-year performance period beginning August 29, 2014 and ending on August 31, 2017, and certification of such performance by the Compensation Committee following the conclusion of the performance period.