Form 4 for MU Micron Technology
Accepted 2021-10-15 00:00:00 ET · period of report 2021-10-13 · accession 0001562180-21-006483 · 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 | BHATIA MANISH H | EVP, Gbl Ops | A - Grant | $0.00 | +60.0K | 269.2K | +29% | $0 |
| DM | 2021-10-15 | 2021-10-13 | MU | BHATIA MANISH H | EVP, Gbl Ops | F - Tax | $66.72 | -15.1K | 208.0K | -7% | -$1.01M |
| DM | 2021-10-15 | 2021-10-13 | MU | BHATIA MANISH H | EVP, Gbl Ops | M - OptEx | $0.00 | +46.5K | 314.5K | +17% | $0 |
| DM | 2021-10-15 | 2021-10-13 | MU | BHATIA MANISH H | EVP, Gbl Ops | A - Grant | $0.00 | +55.1K | 15.0K | New | $0 |
| DM | 2021-10-15 | 2021-10-13 | MU | BHATIA MANISH H | EVP, Gbl Ops | M - OptEx | $0.00 | -23.3K | 10.3K | -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 | 59,952 | $0.00 | 269,188 | D | — | — | (F3) Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant. |
| 2 | Common | Common Stock | 2021-10-13 | F | D | 444 | $66.72 | 222,727 | D | — | — | (F1) 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. |
| 3 | Common | Common Stock | 2021-10-13 | M | A | 1,200 | $0.00 | 209,236 | D | — | — | (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 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. |
| 4 | Common | Common Stock | 2021-10-13 | F | D | 14,691 | $66.72 | 208,036 | D | — | — | (F1) 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 | 45,327 | $0.00 | 314,515 | D | — | — | (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 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 | 14,988 | $0.00 | 14,988 | D | $0.00 · — to — | 14,988 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 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. |
| 7 | Derivative | Performance Restricted Stock Units | 2021-10-13 | M | D | 12,950 | $0.00 | 12,951 | D | $0.00 · — to — | 45,327 Common Stock | (F7) 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. |
| 8 | Derivative | Performance Restricted Stock Units | 2021-10-13 | M | D | 10,318 | $0.00 | 10,318 | D | $0.00 · — to — | 1,200 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 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. |
| 9 | Derivative | Performance Restricted Stock Units | 2021-10-13 | A | A | 25,173 | $0.00 | 25,173 | D | $0.00 · — to — | 25,173 Common Stock | (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 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. |
| 10 | Derivative | Performance Restricted Stock Units | 2021-10-13 | A | A | 14,988 | $0.00 | 14,988 | D | $0.00 · — to — | 14,988 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 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. |