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MICRON TECHNOLOGY INC — Director's Dealing 2022
Oct 17, 2022
29796_dirs_2022-10-17_adcf646a-8dcb-46fc-8c3f-9a0c781f487e.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: 2022-10-13
Reporting Person: Murphy Mark J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-13 | Common Stock | A | 73460.00 | $0.00 | Acquired | 163521.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-13 | Performance Restricted Stock Units | $0.00 | A | 28965.00 | Acquired | Common Stock (28965.00) | Direct | |
| 2022-10-13 | Performance Restricted Stock Units | $0.00 | A | 18365.00 | Acquired | Common Stock (18365.00) | Direct | |
| 2022-10-13 | Performance Restricted Stock Units | $0.00 | A | 18365.00 | Acquired | Common Stock (18365.00) | Direct |
Footnotes
F1: Restricted Stock Award vests 33 1/3% on October 15, 2023, and 1/12 of the total restricted stock award vests quarterly thereafter.
F2: 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 goals related to relative total shareholder return over a 3-year period beginning September 2, 2022 and ending August 28, 2025 (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 13, 2022), and certification of such performance by the Compensation Committee.
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 goals related to NAND delivery and solutions over a 3-year period beginning September 2, 2022 and ending August 28, 2025 (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 13, 2022), 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 goals related to DRAM revenue over a 3-year period beginning September 2, 2022 and ending August 28, 2025 (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 13, 2022), and certification of such performance by the Compensation Committee.