0001062993-20-005061.txt : 20201020
0001062993-20-005061.hdr.sgml : 20201020
20201020215206
ACCESSION NUMBER: 0001062993-20-005061
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201016
FILED AS OF DATE: 20201020
DATE AS OF CHANGE: 20201020
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sadana Sumit
CENTRAL INDEX KEY: 0001311079
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10658
FILM NUMBER: 201249477
MAIL ADDRESS:
STREET 1: 47544 AVALON HEIGHTS TERRACE
CITY: FREMONT
STATE: CA
ZIP: 94539
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MICRON TECHNOLOGY INC
CENTRAL INDEX KEY: 0000723125
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 751618004
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0903
BUSINESS ADDRESS:
STREET 1: 8000 S FEDERAL WAY
STREET 2: PO BOX 6
CITY: BOISE
STATE: ID
ZIP: 83716-9632
BUSINESS PHONE: 2083684000
MAIL ADDRESS:
STREET 1: 8000 S FEDERAL WAY
STREET 2: PO BOX 6
CITY: BOISE
STATE: ID
ZIP: 83716-9632
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0306
4
2020-10-16
0000723125
MICRON TECHNOLOGY INC
MU
0001311079
Sadana Sumit
8000 S. FEDERAL WAY
MS 40-370
BOISE
ID
83716
0
1
0
0
EVP & Chief Business Officer
Common Stock
2020-10-16
4
A
0
62572
0
A
215265
D
Common Stock
2020-10-16
4
F
0
16409
51.94
D
198856
D
Common Stock
2020-10-16
4
M
0
31174
0
A
230030
D
Common Stock
2020-10-16
4
M
0
39547
0
A
269577
D
Common Stock
2020-10-16
4
F
0
35304
51.94
D
234273
D
Performance Restricted Stock Unit
0
2020-10-16
4
A
0
26436
0
A
Common Stock
26436
26436
D
Performance Restricted Stock Units
0
2020-10-16
4
A
0
31286
0
A
Common Stock
31286
31286
D
Performance Restricted Stock Unit
0
2020-10-16
4
M
0
25908
0
D
Common Stock
31174
0
D
Performance Restricted Stock Unit
0
2020-10-16
4
M
0
20089
0
D
Common Stock
39547
28628
D
Performance Restricted Stock Unit
0
2020-10-16
4
F
0
1318
0
D
Common Stock
1318
28277
D
Performance Restricted Stock Unit
0
2020-10-16
4
F
0
123
0
D
Common Stock
123
23446
D
Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant.
Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock awarded under the Issuer's 2004 Equity Incentive Plan.
The Compensation Committee certified achievement of the pre-established performance goals at a level resulting in a vest of 105% of target shares. As reported at grant, the performance-based restricted stock unit could result in a payout of 0% to 200% based on actual achievement of the goals.
The Compensation Committee certified achievement of the pre-established performance goals at a level resulting in a vest of 178% of target shares. As reported at grant, the performance-based restricted stock unit could result in a payout of 0% to 200% based on actual achievement of the goals.
Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance restricted stock units awarded under the Issuer's 2004 Equity Incentive Plan.
Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 150% of one share of common stock based upon the achievement of pre-established performance metrics related to relative total shareholder return over a 3-year period beginning September 3, 2020 and ending on August 31, 2023, and certification of such performance by the Compensation Committee following the conclusion of the performance period.
Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 200% of one share of common stock based upon the achievement of pre-established performance metrics related to NAND delivery and solutions over a 3-year period beginning September 3, 2020 and ending on August 31, 2023, and certification of such performance by the Compensation Committee following the conclusion of the performance period.
Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 200% of one share of common stock based upon the achievement of pre-established performance metrics related to DRAM, NAND and PE Ratio over a 3-year performance period beginning August 31, 2017 and ending on September 3, 2020, and certification of such performance by the Compensation Committee following the conclusion of the performance period.
Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 200% of one share of common stock based upon the achievement of pre-established performance metrics related to NAND, PE Ratio and FCF over a 3-year performance period beginning August 31, 2018 and ending on September 2, 2021, and certification of such performance by the Compensation Committee following the conclusion of the performance period.
Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 200% of one share of common stock based upon the achievement of pre-established performance metrics related to NAND over a 3-year performance period beginning August 29, 2019 and ending on September 1, 2022, and certification of such performance by the Compensation Committee following the conclusion of the performance period. Remaining performance-based restricted stock units subject to this award will vest on October 16, 2021.
Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 150% of one share of common stock based upon the achievement of pre-established performance metrics related to relative total shareholder return over a 3-year performance period beginning August 29, 2019 and ending on September 1, 2021, and certification of such performance by the Compensation Committee following the conclusion of the performance period.
Performance-based restricted stock units withheld for employment tax (and related income tax) obligations upon a portion of the grant being earned by (but not yet payable to) the reporting person. Additional shares remain unvested.
Greg Osborn, Attorney-in-fact
2020-10-20