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MICRON TECHNOLOGY INC — Director's Dealing 2019
Dec 26, 2019
29796_dirs_2019-12-26_6cd3c84b-3f1b-44a3-8086-ef62d74184fb.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: 2019-12-23
Reporting Person: Sadana Sumit (EVP & Chief Business Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-23 | Performance Resticted Stock Units | $0 | F | 1443 | Disposed | Common Stock (1443) | Direct |
Footnotes
F1: Performance-based restricted stock units withheld for employment tax (and related income tax) obligations upon a portion of the grant being earned by (but not yet payable to) the reporting person. Additional shares remain unvested.
F2: 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 performance over a 3-year period beginning August 30, 2018 and ending on September 2, 2021, and certification of such performance by the Compensation Committee following the conclusion of the performance period.