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MICRON TECHNOLOGY INC Director's Dealing 2022

Apr 21, 2022

29796_dirs_2022-04-20_f3f78199-df1a-42aa-be09-f01f330ee8e7.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: 2022-04-18

Reporting Person: Murphy Mark J. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-04-18 Common Stock A 71296.00 $0.00 Acquired 71296.00 Direct
2022-04-18 Common Stock A 18765.00 $0.00 Acquired 90061.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-04-18 Performance Restricted Stock Units $0.00 A 17824.00 Acquired Common Stock (17824.00) Direct
2022-04-18 Performance Restricted Stock Units $0.00 A 17824.00 Acquired Common Stock (17824.00) Direct
2022-04-18 Performance Restricted Stock Units $0.00 A 29593.00 Acquired Common Stock (29593.00) Direct
2022-04-18 Performance Restricted Stock Units $0.00 A 4691.00 Acquired Common Stock (4691.00) Direct
2022-04-18 Performance Restricted Stock Units $0.00 A 4691.00 Acquired Common Stock (4691.00) Direct
2022-04-18 Performance Restricted Stock Units $0.00 A 7789.00 Acquired Common Stock (7789.00) Direct

Footnotes

F1: Relates to a one-time new hire award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units.

F2: Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant.

F3: Relates to a pro-rated 2022 annual equity award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units

F4: Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage of one share of common stock which percentage varies based upon the achievement of pre-established performance metrics related to Data Center NAND delivery and solutions over a 3-year period beginning September 3, 2021 and ending on August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on April 18, 2022), and certification of such performance by the Compensation Committee.

F5: Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage of one share of common stock which percentage varies based upon the achievement of pre-established performance metrics related to High Value NAND delivery and solutions over a 3-year period beginning September 3, 2021 and ending on August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on April 18, 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 which percentage varies based upon the achievement of pre-established performance metrics related to relative total shareholder return over a 3-year period beginning September 3, 2021 and ending on August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on April 18, 2022), and certification of such performance by the Compensation Committee.