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MICRON TECHNOLOGY INC — Director's Dealing 2019
Oct 18, 2019
29796_dirs_2019-10-18_ce8d8fb2-0e7d-480d-ab29-45f46166c4f7.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: 2019-10-16
Reporting Person: Zinsner David (SVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-10-16 | Common Stock | F | 3865 | $46.46 | Disposed | 75937 | Direct |
| 2019-10-16 | Common Stock | A | 43048 | — | Acquired | 118985 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-10-16 | Performance Restricted Stock Unit | $0 | A | 17141 | Acquired | Common Stock (17141) | Direct | |
| 2019-10-16 | Performance Restricted Stock Unit | $0 | A | 21524 | Acquired | Common Stock (21524) | Direct |
Footnotes
F1: 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.
F2: Restricted Stock Awards vest in 33 1/3% increments annually beginning 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 total shareholder return over a 3-year period beginning August 30, 2019 and ending on September 1, 2022, and certification of such performance by the Compensation Committee following the conclusion of the performance period.
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 NAND delivery and solutions over a 3-year period beginning August 30, 2019 and ending on September 1, 2022, and certification of such performance by the Compensation Committee following the conclusion of the performance period.