AI assistant
MICRON TECHNOLOGY INC — Director's Dealing 2024
Oct 17, 2024
29796_dirs_2024-10-16_b1bb00c9-0fd9-4f76-99f5-66e542700b23.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MICRON TECHNOLOGY INC (MU)
CIK: 0000723125
Period of Report: 2024-10-13
Reporting Person: Deboer Scott J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-13 | Common Stock | A | 38580.00 | $0.00 | Acquired | 194884.00 | Direct |
| 2024-10-13 | Common Stock | F | 7033.00 | $106.92 | Disposed | 187851.00 | Direct |
| 2024-10-13 | Common Stock | F | 7804.00 | $106.92 | Disposed | 180047.00 | Direct |
| 2024-10-13 | Common Stock | M | 29214.00 | $0.00 | Acquired | 209261.00 | Direct |
| 2024-10-13 | Common Stock | F | 13115.00 | $106.92 | Disposed | 196146.00 | Direct |
| 2024-10-13 | Common Stock | M | 29214.00 | $0.00 | Acquired | 225360.00 | Direct |
| 2024-10-13 | Common Stock | F | 13115.00 | $106.92 | Disposed | 212245.00 | Direct |
| 2024-10-13 | Common Stock | M | 12095.00 | $0.00 | Acquired | 224340.00 | Direct |
| 2024-10-13 | Common Stock | F | 5234.00 | $106.92 | Disposed | 219106.00 | Direct |
| 2024-10-13 | Common Stock | M | 15403.00 | $0.00 | Acquired | 234509.00 | Direct |
| 2024-10-13 | Common Stock | F | 7301.00 | $106.92 | Disposed | 227208.00 | Direct |
| 2024-10-13 | Common Stock | M | 4390.00 | $0.00 | Acquired | 231598.00 | Direct |
| 2024-10-13 | Common Stock | F | 2081.00 | $106.92 | Disposed | 229517.00 | Direct |
| 2024-10-13 | Common Stock | M | 13119.00 | $0.00 | Acquired | 242636.00 | Direct |
| 2024-10-13 | Common Stock | F | 6218.00 | $106.92 | Disposed | 236418.00 | Direct |
| 2024-10-15 | Common Stock | F | 2314.00 | $108.34 | Disposed | 234104.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 5855.00 | Disposed | Common Stock (29214.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 5855.00 | Disposed | Common Stock (29214.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 9833.00 | Disposed | Common Stock (12095.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 7701.00 | Disposed | Common Stock (15403.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 7701.00 | Disposed | Common Stock (4390.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 12147.00 | Disposed | Common Stock (13119.00) | Direct |
Footnotes
F1: Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date.
F2: Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards.
F3: The Compensation Committee certified achievement of pre-established performance goals related to High Value and Data Center NAND delivery and solutions each at 266% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2021. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2021. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period which remained subject to vesting vested upon certification of the achievement of performance goals in year 3 of the performance period.
F4: The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 108% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2021. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2021. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period which remained subject to vesting vested upon certification of the achievement of performance goals at the end of year 3 of the performance period.
F5: The Compensation Committee certified achievement of pre-established performance goals related to Data Center NAND delivery and solutions at a level of 200% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2022. 50% of the shares earned vested upon certification of the performance and 50% remain subject to vesting until the certification of the achievement of performance goals at the end of year 3 of the performance period.
F6: The Compensation Committee certified achievement of pre-established performance goals related to DRAM revenue at a level of 57% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2022. 50% of the shares earned vested upon certification of the performance and 50% remain subject to vesting until the certification of the achievement of performance goals at the end of year 3 of the performance period.
F7: The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 108% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSU awarded on October 13, 2022. 50% of the shares earned vested upon certification of the performance and 50% remain subject to vesting until the certification of performance goals at the end of year 3 of the performance period.
F8: Each performance-based restricted stock unit ("PRSU") represents the right to receive, following vesting, a percentage of one share of common stock based upon the achievement of pre-established performance goals over a 3-year period beginning September 3, 2021 and ending August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2021), and certification of such performance by the Compensation Committee.
F9: Each performance-based restricted stock unit ("PRSU") represents the right to receive, following vesting, a percentage of one share of common stock based upon the achievement of pre-established performance goals over a 3-year performance 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 PRSUs awarded on October 13, 2022), and certification of such performance by the Compensation Committee.