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: DURCAN DERMOT MARK (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-14	Common Stock	A	123762	—	Acquired	1781454	Direct
2015-10-16	Common Stock	F	74352	$18.66	Disposed	1707102	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-10-14	Non-qualified Stock Option	$18.18	A	155268	Acquired	2023-10-14	Common Stock (155268)	Direct
2015-10-14	Performance Restricted Stock Unit	$0	A	72793	Acquired		Common Stock (72793)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	284653	Indirect
Common Stock	3101	Indirect

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.