Form Type: 4

SEC EDGAR Link
Accession Number:0001562180-22-003500
Date:2022-04-18
Issuer: MICRON TECHNOLOGY INC (MU)
Original Submission Date:

Reporting Person:

MURPHY MARK J.
8000 S. FEDERAL WAY
BOISE, ID 83716

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2022-04-18 A 71,296 a $0.00 71,296 direct
COMMON STOCK 2022-04-18 A 18,765 a $0.00 90,061 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PERFORMANCE RESTRICTED STOCK UNITS 0.0 2022-04-18 deemed execution date A 17,824 (a) common stock 17,824 $0.00 17,824 direct
PERFORMANCE RESTRICTED STOCK UNITS 0.0 2022-04-18 deemed execution date A 17,824 (a) common stock 17,824 $0.00 17,824 direct
PERFORMANCE RESTRICTED STOCK UNITS 0.0 2022-04-18 deemed execution date A 29,593 (a) common stock 29,593 $0.00 29,593 direct
PERFORMANCE RESTRICTED STOCK UNITS 0.0 2022-04-18 deemed execution date A 4,691 (a) common stock 4,691 $0.00 22,515 direct
PERFORMANCE RESTRICTED STOCK UNITS 0.0 2022-04-18 deemed execution date A 4,691 (a) common stock 4,691 $0.00 22,515 direct
PERFORMANCE RESTRICTED STOCK UNITS 0.0 2022-04-18 deemed execution date A 7,789 (a) common stock 7,789 $0.00 37,382 direct
Footnotes
IDfootnote
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.
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