MICRON TECHNOLOGY INC — Director's Dealing 2021

Oct 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICRON TECHNOLOGY INC (MU)
CIK: 0000723125
Period of Report: 2021-10-13

Reporting Person: Poppen Joel L (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-13	Common Stock	F	7134.00	$66.72	Disposed	245079.00	Direct
2021-10-13	Common Stock	F	189.00	$66.72	Disposed	244890.00	Direct
2021-10-13	Common Stock	M	16240.00	$0.00	Acquired	261130.00	Direct
2021-10-13	Common Stock	M	429.00	$0.00	Acquired	261559.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-13	Performance Restricted Stock Units	$0.00	M	4640.00	Disposed		Common Stock (16240.00)	Direct
2021-10-13	Performance Restricted Stock Units	$0.00	M	3693.00	Disposed		Common Stock (429.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3650.00	Indirect

Footnotes

F1: Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance restricted stock units awarded under the Issuer's 2004 Equity Incentive Plan.

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 performance-based restricted stock units previously awarded on October 16, 2019. As reported at grant, the performance-based restricted stock unit could result in a payout that varies based on actual achievement of the goals, subject to a 200% aggregate limit on the payout of target shares.

F3: Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage of one share of common stock based upon the achievement of pre-established performance metrics related to NAND over a 3-year performance period beginning August 30, 2019 and ending on September 1, 2022 (subject 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, 2019), and certification of such performance by the Compensation Committee.

F4: Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage 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 performance period beginning August 30, 2019 and ending on September 1, 2022 (subject 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, 2019), and certification of such performance by the Compensation Committee.