MICRON TECHNOLOGY INC — Director's Dealing 2019

Oct 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICRON TECHNOLOGY INC (MU)
CIK: 0000723125
Period of Report: 2019-10-14

Reporting Person: Bokan Michael W (SVP, WORLDWIDE SALES)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-14	Common Stock	M	5776	—	Acquired	45812	Direct
2019-10-14	Common Stock	F	1807	$46.46	Disposed	44005	Direct
2019-10-16	Common Stock	F	1601	$46.46	Disposed	42404	Direct
2019-10-16	Common Stock	A	21524	—	Acquired	63928	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-14	Restricted Stock Unit	$0	M	5776	Disposed		Restricted Stock Unit (5776)	Direct
2019-10-16	Performance Restricted Stock Unit	$0	A	8570	Acquired		Common Stock (8570)	Direct
2019-10-16	Performance Restricted Stock Unit	$0	A	10762	Acquired		Common Stock (10762)	Direct

Footnotes

F1: Restricted Stock Units vest in four equal installments on October 14, 2016, 2017, 2018, and 2019.

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 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.

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 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.

F4: Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units awarded under the Issuer's 2004 Equity Incentive Plan.

F5: 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.

F6: Restricted Stock Awards vest in 33 1/3% increments annually beggining on the anniversary of the grant.