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MICRON TECHNOLOGY INC — Director's Dealing 2021
Oct 20, 2021
29796_dirs_2021-10-19_2fdc1fc9-11ca-4931-b83c-efd96281a5f2.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: Zinsner David (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-16 | Common Stock | M | 16554.00 | $0.00 | Acquired | 202760.00 | Direct |
| 2021-10-16 | Common Stock | M | 6647.00 | $0.00 | Acquired | 209407.00 | Direct |
| 2021-10-16 | Common Stock | M | 4747.00 | $0.00 | Acquired | 214154.00 | Direct |
| 2021-10-16 | Common Stock | F | 6641.00 | $67.68 | Disposed | 207513.00 | Direct |
| 2021-10-16 | Common Stock | F | 7425.00 | $67.68 | Disposed | 200088.00 | Direct |
| 2021-10-16 | Common Stock | F | 2086.00 | $67.68 | Disposed | 198002.00 | Direct |
| 2021-10-16 | Common Stock | F | 5465.00 | $67.68 | Disposed | 192537.00 | Direct |
| 2021-10-16 | Common Stock | F | 2920.00 | $67.68 | Disposed | 189617.00 | Direct |
| 2021-10-16 | Common Stock | F | 7272.00 | $67.68 | Disposed | 182345.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-16 | Performance Restricted Stock Units | $0.00 | M | 6200.00 | Disposed | Common Stock (16554.00) | Direct | |
| 2021-10-16 | Performance Restricted Stock Units | $0.00 | M | 7085.00 | Disposed | Common Stock (4747.00) | Direct | |
| 2021-10-16 | Performance Restricted Stock Units | $0.00 | M | 3324.00 | Disposed | Common Stock (6647.00) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 40819.00 | Indirect |
Footnotes
F1: 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.
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 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.
F3: 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.
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: Shares held in a Trust for the benefit of the reporting person and his family, with the reporting person as a co-trustee with his spouse.
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 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.
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.
F9: 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.