Form 4 for MU Micron Technology
Accepted 2022-04-20 00:00:00 ET · period of report 2022-04-18 · accession 0001562180-22-003500 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-04-20 | 2022-04-18 | MU | Murphy Mark J. | EVP, CFO | A - Grant | $0.00 | +90.1K | 71.3K | New | $0 |
| DM | 2022-04-20 | 2022-04-18 | MU | Murphy Mark J. | EVP, CFO | A - Grant | $0.00 | +82.4K | 37.4K | New | $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 | 2022-04-18 | A | A | 18,765 | $0.00 | 90,061 | D | — | — | (F3) Relates to a pro-rated 2022 annual equity award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units (F2) Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant. |
| 2 | Common | Common Stock | 2022-04-18 | A | A | 71,296 | $0.00 | 71,296 | D | — | — | (F1) Relates to a one-time new hire award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units. (F2) Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant. |
| 3 | Derivative | Performance Restricted Stock Units | 2022-04-18 | A | A | 29,593 | $0.00 | 29,593 | D | $0.00 · — to — | 29,593 Common Stock | (F1) Relates to a one-time new hire award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units. (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 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 4 | Derivative | Performance Restricted Stock Units | 2022-04-18 | A | A | 17,824 | $0.00 | 17,824 | D | $0.00 · — to — | 17,824 Common Stock | (F1) Relates to a one-time new hire award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units. (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 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 5 | Derivative | Performance Restricted Stock Units | 2022-04-18 | A | A | 4,691 | $0.00 | 22,515 | D | $0.00 · — to — | 4,691 Common Stock | (F3) Relates to a pro-rated 2022 annual equity award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units (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 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 6 | Derivative | Performance Restricted Stock Units | 2022-04-18 | A | A | 4,691 | $0.00 | 22,515 | D | $0.00 · — to — | 4,691 Common Stock | (F3) Relates to a pro-rated 2022 annual equity award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units (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 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 7 | Derivative | Performance Restricted Stock Units | 2022-04-18 | A | A | 17,824 | $0.00 | 17,824 | D | $0.00 · — to — | 17,824 Common Stock | (F1) Relates to a one-time new hire award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units. (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 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 8 | Derivative | Performance Restricted Stock Units | 2022-04-18 | A | A | 7,789 | $0.00 | 37,382 | D | $0.00 · — to — | 7,789 Common Stock | (F3) Relates to a pro-rated 2022 annual equity award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units (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 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 April 18, 2022), and certification of such performance by the Compensation Committee. |