AI assistant
MICRON TECHNOLOGY INC — Director's Dealing 2024
Oct 17, 2024
29796_dirs_2024-10-16_efbe36a3-a932-47d8-ac4c-8b389a21c8ac.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: Murphy Mark J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-13 | Common Stock | A | 42088.00 | $0.00 | Acquired | 235815.00 | Direct |
| 2024-10-13 | Common Stock | F | 9008.00 | $106.92 | Disposed | 226807.00 | Direct |
| 2024-10-13 | Common Stock | M | 44471.00 | $0.00 | Acquired | 271278.00 | Direct |
| 2024-10-13 | Common Stock | F | 19654.00 | $106.92 | Disposed | 251624.00 | Direct |
| 2024-10-13 | Common Stock | M | 44471.00 | $0.00 | Acquired | 296095.00 | Direct |
| 2024-10-13 | Common Stock | F | 19654.00 | $106.92 | Disposed | 276441.00 | Direct |
| 2024-10-13 | Common Stock | M | 18200.00 | $0.00 | Acquired | 294641.00 | Direct |
| 2024-10-13 | Common Stock | F | 7749.00 | $106.92 | Disposed | 286892.00 | Direct |
| 2024-10-13 | Common Stock | M | 11704.00 | $0.00 | Acquired | 298596.00 | Direct |
| 2024-10-13 | Common Stock | F | 5173.00 | $106.92 | Disposed | 293423.00 | Direct |
| 2024-10-13 | Common Stock | M | 11704.00 | $0.00 | Acquired | 305127.00 | Direct |
| 2024-10-13 | Common Stock | F | 5173.00 | $106.92 | Disposed | 299954.00 | Direct |
| 2024-10-13 | Common Stock | M | 4790.00 | $0.00 | Acquired | 304744.00 | Direct |
| 2024-10-13 | Common Stock | F | 2040.00 | $106.92 | Disposed | 302704.00 | Direct |
| 2024-10-13 | Common Stock | M | 18365.00 | $0.00 | Acquired | 321069.00 | Direct |
| 2024-10-13 | Common Stock | F | 8577.00 | $106.92 | Disposed | 312492.00 | Direct |
| 2024-10-13 | Common Stock | M | 5234.00 | $0.00 | Acquired | 317726.00 | Direct |
| 2024-10-13 | Common Stock | F | 2445.00 | $106.92 | Disposed | 315281.00 | Direct |
| 2024-10-13 | Common Stock | M | 15641.00 | $0.00 | Acquired | 330922.00 | Direct |
| 2024-10-13 | Common Stock | F | 7305.00 | $106.92 | Disposed | 323617.00 | Direct |
| 2024-10-15 | Common Stock | F | 2716.00 | $108.34 | Disposed | 320901.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 8912.00 | Disposed | Common Stock (44471.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 8912.00 | Disposed | Common Stock (44471.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 14797.00 | Disposed | Common Stock (18200.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 2346.00 | Disposed | Common Stock (11704.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 2346.00 | Disposed | Common Stock (11704.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 3895.00 | Disposed | Common Stock (4790.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 9182.00 | Disposed | Common Stock (18365.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 9182.00 | Disposed | Common Stock (5234.00) | Direct | |
| 2024-10-13 | Performance Restricted Stock Units | $0.00 | M | 14482.00 | Disposed | Common Stock (15641.00) | 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 at 266% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on April 18, 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 April 18, 2022. 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 April 18, 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 April 18, 2022. 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 April 18, 2022), 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.