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MICRON TECHNOLOGY INC — Director's Dealing 2021
Oct 20, 2021
29796_dirs_2021-10-19_06e9c365-1573-4b7f-858c-78c7a3f489cf.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: 2021-10-16
Reporting Person: BHATIA MANISH H (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-16 | Common Stock | M | 6013.00 | $0.00 | Acquired | 320528.00 | Direct |
| 2021-10-16 | Common Stock | M | 20967.00 | $0.00 | Acquired | 341495.00 | Direct |
| 2021-10-16 | Common Stock | M | 8419.00 | $0.00 | Acquired | 349914.00 | Direct |
| 2021-10-16 | Common Stock | F | 2225.00 | $67.68 | Disposed | 347689.00 | Direct |
| 2021-10-16 | Common Stock | F | 6088.00 | $67.68 | Disposed | 341601.00 | Direct |
| 2021-10-16 | Common Stock | F | 7058.00 | $67.68 | Disposed | 334543.00 | Direct |
| 2021-10-16 | Common Stock | F | 7758.00 | $67.68 | Disposed | 326785.00 | Direct |
| 2021-10-16 | Common Stock | F | 7577.00 | $67.68 | Disposed | 319208.00 | Direct |
| 2021-10-16 | Common Stock | F | 3116.00 | $67.68 | Disposed | 316092.00 | Direct |
| 2021-10-16 | Common Stock | F | 5886.00 | $67.68 | Disposed | 310206.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-16 | Performance Restricted Stock Units | $0.00 | M | 7853.00 | Disposed | Common Stock (20967.00) | Direct | |
| 2021-10-16 | Performance Restricted Stock Units | $0.00 | M | 4210.00 | Disposed | Common Stock (8419.00) | Direct | |
| 2021-10-16 | Performance Restricted Stock Units | $0.00 | M | 8975.00 | Disposed | Common Stock (6013.00) | Direct |
Footnotes
F1: The Compensation Committee certified achievement of the pre-established performance goals at a level resulting in a vest of 67% of the total target shares under the FCF performance-based restricted stock units previously awarded on October 16, 2018. As reported at grant, the performance-based restricted stock unit could result in a payout that varies from 0% to an aggregate of 200% of target shares under all related awards based on actual achievement of the goals.
F2: The Compensation Committee certified achievement of the pre-established performance goals at a level resulting in a vest of 100% of the total target shares under the NAND delivery and solutions performance-based restricted stock units previously awarded on October 16, 2018. As reported at grant, the performance-based restricted stock unit could result in a payout that varies from 0% to an aggregate of 200% of target shares under all related awards based on actual achievement of the goals.
F3: The Compensation Committee certified achievement of the pre-established performance goals at a level resulting in a vest of 100% of the total target shares under the PE Ratio performance-based restricted stock units previously awarded on October 16, 2018. As reported at grant, the performance-based restricted stock unit could result in a payout that varies from 0% to an aggregate of 200% of target shares under all related awards based on actual achievement of the goals.
F4: Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of awards 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 awards under the Issuer's 2007 Equity Incentive Plan.
F6: Each performance-based restricted stock unit represents the right to receive, following vesting, shares of common stock based upon the achievement of pre-established performance metrics related to NAND delivery and solutions over a 3-year performance period beginning August 31, 2018 and ending on September 2, 2021 (payout is from 0% up to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on October 16, 2018), and certification of such performance by the Compensation Committee.
F7: Each performance-based restricted stock unit represents the right to receive, following vesting, shares of common stock based upon the achievement of pre-established performance metrics related to PE Ratio over a 3-year performance period beginning August 31, 2018 and ending on September 2, 2021 (payout is from 0% up to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on October 16, 2018), and certification of such performance by the Compensation Committee.
F8: Each performance-based restricted stock unit represents the right to receive, following vesting, shares of common stock based upon the achievement of pre-established performance metrics related to FCF over a 3-year performance period beginning August 31, 2018 and ending on September 2, 2021 (payout is from 0% up to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on October 16, 2018), and certification of such performance by the Compensation Committee.