MICRON TECHNOLOGY INC — Director's Dealing 2015

Oct 16, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICRON TECHNOLOGY INC (MU)
CIK: 0000723125
Period of Report: 2015-10-14

Reporting Person: Adams Mark (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-14	Common Stock	A	121287	—	Acquired	498155	Direct
2015-10-16	Common Stock	F	39438	$18.66	Disposed	458717	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-14	Non-Qualified Stock Option	$18.18	A	152162	Acquired	2023-10-14	Common Stock (152162)	Direct
2015-10-14	Performance Restricted Stock Unit	$0	A	71337	Acquired		Common Stock (71337)	Direct

Footnotes

F1: Restricted Stock Awards vest in 25% increments annually on the anniversary of the grant.

F2: 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.

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 September 4, 2015 and ending on August 30, 2018, and certification of such performance by the Compensation Committee following the conclusion of the performance period.