Form 4 for MU Micron Technology
Accepted 2021-10-15 00:00:00 ET · period of report 2021-10-13 · accession 0001562180-21-006479 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-10-15 | 2021-10-13 | MU | MEHROTRA SANJAY | CEO, Pres, Dir | A - Grant | $0.00 | +176.1K | 903.7K | +24% | $0 |
| DM | 2021-10-15 | 2021-10-13 | MU | MEHROTRA SANJAY | CEO, Pres, Dir | M - OptEx | $0.00 | +138.7K | 727.6K | +24% | $0 |
| DM | 2021-10-15 | 2021-10-13 | MU | MEHROTRA SANJAY | CEO, Pres, Dir | F - Tax | $66.72 | -65.5K | 841.8K | -7% | -$4.37M |
| DM | 2021-10-15 | 2021-10-13 | MU | MEHROTRA SANJAY | CEO, Pres, Dir | A - Grant | $0.00 | +162.0K | 44.0K | New | $0 |
| DM | 2021-10-15 | 2021-10-13 | MU | MEHROTRA SANJAY | CEO, Pres, Dir | M - OptEx | $0.00 | -69.4K | 30.8K | -69% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-10-13 | A | A | 176,109 | $0.00 | 903,707 | D | — | — | (F2) Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant. |
| 2 | Common | Common Stock | 2021-10-13 | M | A | 3,578 | $0.00 | 907,285 | D | — | — | (F1) 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 performance-based restricted stock units previously awarded on October 16, 2019. As reported at grant, the performance-based restricted stock unit could result in a payout that varies based on actual achievement of the goals, subject to a 200% aggregate limit on the payout of target shares. |
| 3 | Common | Common Stock | 2021-10-13 | F | D | 1,690 | $66.72 | 905,595 | D | — | — | (F3) 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. |
| 4 | Common | Common Stock | 2021-10-13 | F | D | 63,815 | $66.72 | 841,780 | D | — | — | (F3) 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. |
| 5 | Common | Common Stock | 2021-10-13 | M | A | 135,114 | $0.00 | 727,598 | D | — | — | (F1) 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 performance-based restricted stock units previously awarded on October 16, 2019. As reported at grant, the performance-based restricted stock unit could result in a payout that varies based on actual achievement of the goals, subject to a 200% aggregate limit on the payout of target shares. |
| 6 | Derivative | Performance Restricted Stock Units | 2021-10-13 | A | A | 73,946 | $0.00 | 73,946 | D | $0.00 · — to — | 73,946 Common Stock | (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 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 October 13, 2021), and certification of such performance by the Compensation Committee. |
| 7 | Derivative | Performance Restricted Stock Units | 2021-10-13 | A | A | 44,027 | $0.00 | 44,027 | D | $0.00 · — to — | 44,027 Common Stock | (F7) 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 October 13, 2021), and certification of such performance by the Compensation Committee. |
| 8 | Derivative | Performance Restricted Stock Units | 2021-10-13 | M | D | 38,604 | $0.00 | 38,605 | D | $0.00 · — to — | 135,114 Common Stock | (F8) Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage 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 30, 2019 and ending on September 1, 2022 (subject 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, 2019), and certification of such performance by the Compensation Committee. |
| 9 | Derivative | Performance Restricted Stock Units | 2021-10-13 | M | D | 30,769 | $0.00 | 30,770 | D | $0.00 · — to — | 3,578 Common Stock | (F9) Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage 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 30, 2019 and ending on September 1, 2022 (subject 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, 2019), and certification of such performance by the Compensation Committee. |
| 10 | Derivative | Performance Restricted Stock Units | 2021-10-13 | A | A | 44,027 | $0.00 | 44,027 | D | $0.00 · — to — | 44,027 Common Stock | (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 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 October 13, 2021), and certification of such performance by the Compensation Committee. |