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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.