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MICRON TECHNOLOGY INC — Director's Dealing 2017
Oct 26, 2017
29796_dirs_2017-10-26_12fdb2ee-cace-4dcd-886b-5310fb0bd6c8.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: 2017-10-24
Reporting Person: MEHROTRA SANJAY (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-10-24 | Common Stock | A | 108277 | — | Acquired | 352448 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-24 | Non-Qualified Stock Option | $41.56 | A | 140308 | Acquired | 2025-10-24 | Common Stock (140308) | Direct |
| 2017-10-24 | Performance Restricted Stock Units | $0 | A | 64775 | Acquired | Common Stock (64775) | Direct |
Footnotes
F1: Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant.
F2: Not Applicable - Grant of restricted stock units.
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 new technology ramp and Company valuation over a 3-year performance period beginning September 1, 2017 and ending on September 3, 2020, and certification of such performance by the Compensation Committee following the conclusion of the performance period.