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MICRON TECHNOLOGY INC — Director's Dealing 2016
Oct 21, 2016
29796_dirs_2016-10-21_c897a595-83f2-424e-af4a-9568be7ea1b8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MICRON TECHNOLOGY INC (MU)
CIK: 0000723125
Period of Report: 2016-10-19
Reporting Person: DURCAN DERMOT MARK (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-19 | Common Stock | A | 206778 | — | Acquired | 1929300 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-10-19 | Non-qualified Stock Option | $17.41 | A | 261121 | Acquired | 2024-10-19 | Common Stock (261121) | Direct |
| 2016-10-19 | Performance Restricted Stock Unit | $0 | A | 113174 | Acquired | Common Stock (113174) | 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: Non-qualifed Stock Options vest in 25% increments annually on the anniversary of the grant.
F3: 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.