Form Type: 4

SEC EDGAR Link
Accession Number:0001562180-21-006568
Date:2021-10-16
Issuer: MICRON TECHNOLOGY INC (MU)
Original Submission Date:

Reporting Person:

BHATIA MANISH H
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 2021-10-16 M 6,013 a $0.00 320,528 direct
COMMON STOCK 2021-10-16 M 20,967 a $0.00 341,495 direct
COMMON STOCK 2021-10-16 M 8,419 a $0.00 349,914 direct
COMMON STOCK 2021-10-16 F 2,225 d $67.68 347,689 direct
COMMON STOCK 2021-10-16 F 6,088 d $67.68 341,601 direct
COMMON STOCK 2021-10-16 F 7,058 d $67.68 334,543 direct
COMMON STOCK 2021-10-16 F 7,758 d $67.68 326,785 direct
COMMON STOCK 2021-10-16 F 7,577 d $67.68 319,208 direct
COMMON STOCK 2021-10-16 F 3,116 d $67.68 316,092 direct
COMMON STOCK 2021-10-16 F 5,886 d $67.68 310,206 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 2021-10-16 deemed execution date M 7,853 (d) common stock 20,967 $0.00 0 direct
PERFORMANCE RESTRICTED STOCK UNITS 0.0 2021-10-16 deemed execution date M 4,210 (d) common stock 8,419 $0.00 0 direct
PERFORMANCE RESTRICTED STOCK UNITS 0.0 2021-10-16 deemed execution date M 8,975 (d) common stock 6,013 $0.00 0 direct
Footnotes
IDfootnote
f1 the compensation committee certified achievement of the pre-established performance goals at a level resulting in a vest of 67% of the total target shares under the fcf performance-based restricted stock units previously awarded on october 16, 2018. as reported at grant, the performance-based restricted stock unit could result in a payout that varies from 0% to an aggregate of 200% of target shares under all related awards based on actual achievement of the goals.
f2 the compensation committee certified achievement of the pre-established performance goals at a level resulting in a vest of 100% of the total target shares under the nand delivery and solutions performance-based restricted stock units previously awarded on october 16, 2018. as reported at grant, the performance-based restricted stock unit could result in a payout that varies from 0% to an aggregate of 200% of target shares under all related awards based on actual achievement of the goals.
f3 the compensation committee certified achievement of the pre-established performance goals at a level resulting in a vest of 100% of the total target shares under the pe ratio performance-based restricted stock units previously awarded on october 16, 2018. as reported at grant, the performance-based restricted stock unit could result in a payout that varies from 0% to an aggregate of 200% of target shares under all related awards based on actual achievement of the goals.
f4 withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of awards under the issuer's 2004 equity incentive plan.
f5 withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of awards under the issuer's 2007 equity incentive plan.
f6 each performance-based restricted stock unit represents the right to receive, following vesting, shares of common stock based upon the achievement of pre-established performance metrics related to nand delivery and solutions over a 3-year performance period beginning august 31, 2018 and ending on september 2, 2021 (payout is from 0% up to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on october 16, 2018), and certification of such performance by the compensation committee.
f7 each performance-based restricted stock unit represents the right to receive, following vesting, shares of common stock based upon the achievement of pre-established performance metrics related to pe ratio over a 3-year performance period beginning august 31, 2018 and ending on september 2, 2021 (payout is from 0% up to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on october 16, 2018), and certification of such performance by the compensation committee.
f8 each performance-based restricted stock unit represents the right to receive, following vesting, shares of common stock based upon the achievement of pre-established performance metrics related to fcf over a 3-year performance period beginning august 31, 2018 and ending on september 2, 2021 (payout is from 0% up to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on october 16, 2018), and certification of such performance by the compensation committee.

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