X0508 4 2023-10-13 false 0000723125 MICRON TECHNOLOGY INC MU 0001689498 BHATIA MANISH H 8000 S. FEDERAL WAY BOISE ID 83716 false true false false EVP, Global Operations false Common Stock 2023-10-13 4 A false 64516.00 0.00 A 324863.00 D Common Stock 2023-10-13 4 M false 28879.00 0.00 A 353742.00 D Common Stock 2023-10-13 4 F false 13640.00 69.75 D 340102.00 D Common Stock 2023-10-13 4 M false 11469.00 0.00 A 351571.00 D Common Stock 2023-10-13 4 F false 5423.00 69.75 D 346148.00 D Common Stock 2023-10-13 4 M false 2473.00 0.00 A 348621.00 D Common Stock 2023-10-13 4 F false 1285.00 69.75 D 347336.00 D Common Stock 2023-10-13 4 M false 2473.00 0.00 A 349809.00 D Common Stock 2023-10-13 4 F false 1285.00 69.75 D 348524.00 D Common Stock 2023-10-13 4 M false 11705.00 0.00 A 360229.00 D Common Stock 2023-10-13 4 F false 6079.00 69.75 D 354150.00 D Common Stock 2023-10-13 4 F false 7759.00 69.75 D 346391.00 D Common Stock 2023-10-15 4 F false 12924.00 69.21 D 333467.00 D Common Stock 2023-10-16 4 F false 9546.00 69.21 D 323921.00 D Performance Restricted Stock Units 0.00 2023-10-13 4 M false 14440.00 0.00 D Common Stock 28879.00 0.00 D Performance Restricted Stock Units 0.00 2023-10-13 4 M false 12201.00 0.00 D Common Stock 11469.00 0.00 D Performance Restricted Stock Units 0.00 2023-10-13 4 M false 7494.00 0.00 D Common Stock 2473.00 7494.00 D Performance Restricted Stock Units 0.00 2023-10-13 4 M false 7494.00 0.00 D Common Stock 2473.00 7494.00 D Performance Restricted Stock Units 0.00 2023-10-13 4 M false 12586.00 0.00 D Common Stock 11705.00 12587.00 D Restricted Stock Award vests in 33 1/3% increments annually on the anniversary of the grant. 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 related to High Value NAND delivery and solutions over a 3-year performance 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. 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 related to relative total shareholder return over a 3-year performance 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. The Compensation Committee certified achievement of pre-established performance goals related to NAND delivery and solutions at 200% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 16, 2020. As reported at grant, the PRSU 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 16, 2020. 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. Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 93% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 16, 2020. As reported at grant, the PRSU 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 16, 2020. 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. The Compensation Committee certified achievement of pre-established performance goals at a level of 33% 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 PRSU 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. 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. The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 93% 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 PRSU 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, 2021. 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. 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 related to NAND delivery and solutions over a 3-year performance period beginning September 4, 2020 and ending August 31, 2023 (subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 16, 2020), and certification of such performance by the Compensation Committee. 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 related to relative total shareholder return over a 3-year performance period beginning September 4, 2020 and ending August 31, 2023 (subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 16, 2020), and certification of such performance by the Compensation Committee. 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 related to Data Center NAND delivery and solutions over a 3-year performance 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. Mai Lan Bui, Attorney-in-fact 2023-10-17