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MICRON TECHNOLOGY INC — Director's Dealing 2022
Oct 17, 2022
29796_dirs_2022-10-17_aafa1ea7-a8c5-49fa-aec6-f1a556e6391e.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: Beard Robert P (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-13 | Common Stock | A | 30806.00 | $0.00 | Acquired | 42043.00 | Direct |
| 2022-10-13 | Common Stock | M | 1217.00 | $0.00 | Acquired | 43260.00 | Direct |
| 2022-10-13 | Common Stock | F | 370.00 | $52.75 | Disposed | 42890.00 | Direct |
| 2022-10-16 | Common Stock | M | 1107.00 | $0.00 | Acquired | 43997.00 | Direct |
| 2022-10-16 | Common Stock | F | 336.00 | $52.72 | Disposed | 43661.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-13 | Restricted Stock Units | $0.00 | M | 1217.00 | Disposed | Common Stock (1217.00) | Direct | |
| 2022-10-13 | Performance Restricted Stock Units | $0.00 | A | 12147.00 | Acquired | Common Stock (12147.00) | Direct | |
| 2022-10-13 | Performance Restricted Stock Units | $0.00 | A | 7701.00 | Acquired | Common Stock (7701.00) | Direct | |
| 2022-10-13 | Performance Restricted Stock Units | $0.00 | A | 7701.00 | Acquired | Common Stock (7701.00) | Direct | |
| 2022-10-16 | Restricted Stock Unit | $0.00 | M | 1107.00 | Disposed | Common Stock (1107.00) | 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: Acquisition resulted from the vesting of an equal number of Restricted Stock Units.
F3: Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards.
F4: Restricted Stock Units vest in equal installments on October 13, 2022, 2023, 2024, and 2025.
F5: 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.
F6: 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.
F7: 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.
F8: Restricted Stock Units vested or will vest in equal installments on October 16, 2021, 2022, 2023, and 2024.