MICRON TECHNOLOGY INC — Director's Dealing 2016

Oct 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICRON TECHNOLOGY INC (MU)
CIK: 0000723125
Period of Report: 2016-10-19

Reporting Person: Thorsen Steven L. JR (Vice President, Worldwide Sale)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-19	Common Stock	A	45594	—	Acquired	298088	Direct
2016-10-20	Common Stock	F	2398	$17.22	Disposed	295690	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-19	Non-qualified Stock Option	$17.41	A	57577	Acquired	2024-10-19	Common Stock (57577)	Direct
2016-10-19	Performance Restricted Stock Unit	$0	A	24955	Acquired		Common Stock (24955)	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 2, 2016 and ending on August 29, 2019, and certification of such performance by the Compensation Committee following the conclusion of the performance period.