Form 4 for MU Micron Technology
Accepted 2022-10-17 00:00:00 ET · period of report 2022-10-13 · accession 0001562180-22-007205 · 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 | 2022-10-17 | 2022-10-13+ | MU | BHATIA MANISH H | EVP, Gbl Ops | F - Tax | $52.74 | -68.3K | 315.5K | -18% | -$3.60M |
| DM | 2022-10-17 | 2022-10-13 | MU | BHATIA MANISH H | EVP, Gbl Ops | M - OptEx | $0.00 | +86.6K | 336.9K | +35% | $0 |
| D | 2022-10-17 | 2022-10-13 | MU | BHATIA MANISH H | EVP, Gbl Ops | A - Grant | $0.00 | +78.2K | 291.6K | +37% | $0 |
| DM | 2022-10-17 | 2022-10-13 | MU | BHATIA MANISH H | EVP, Gbl Ops | A - Grant | $0.00 | +69.9K | 19.6K | New | $0 |
| DM | 2022-10-17 | 2022-10-13 | MU | BHATIA MANISH H | EVP, Gbl Ops | M - OptEx | $0.00 | -49.9K | 12.2K | -80% | $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 | 2022-10-16 | F | D | 9,546 | $52.72 | 309,942 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 2 | Common | Common Stock | 2022-10-16 | F | D | 8,894 | $52.72 | 319,488 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 3 | Common | Common Stock | 2022-10-13 | F | D | 7,067 | $52.75 | 328,382 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 4 | Common | Common Stock | 2022-10-13 | F | D | 5,830 | $52.75 | 335,449 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 5 | Common | Common Stock | 2022-10-13 | M | A | 11,225 | $0.00 | 341,279 | D | — | — | (F5) The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level resulting in a vest of 46% of the total target shares under the performance-based restricted stock units previously awarded on October 16, 2020. 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 | Common | Common Stock | 2022-10-13 | F | D | 14,997 | $52.75 | 330,054 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 7 | Common | Common Stock | 2022-10-13 | M | A | 28,879 | $0.00 | 345,051 | D | — | — | (F4) The Compensation Committee certified achievement of pre-established performance goals related to NAND delivery and solutions 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, 2020. 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. |
| 8 | Common | Common Stock | 2022-10-13 | F | D | 567 | $52.75 | 316,172 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 9 | Common | Common Stock | 2022-10-13 | M | A | 1,200 | $0.00 | 316,739 | 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. |
| 10 | Common | Common Stock | 2022-10-13 | F | D | 21,409 | $52.75 | 315,539 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 11 | Common | Common Stock | 2022-10-13 | A | A | 78,199 | $0.00 | 291,620 | D | — | — | (F1) Restricted Stock Award vests 33 1/3% on October 15, 2023, and 1/12 of the total restricted stock award vests quarterly thereafter. |
| 12 | Common | Common Stock | 2022-10-13 | M | A | 45,328 | $0.00 | 336,948 | 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. |
| 13 | Derivative | Performance Restricted Stock Units | 2022-10-13 | A | A | 30,834 | $0.00 | 30,834 | D | $0.00 · — to — | 30,834 Common Stock | (F10) 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 goals related to relative total shareholder return over a 3-year period beginning September 2, 2022 and ending August 28, 2025 (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, 2022), and certification of such performance by the Compensation Committee. |
| 14 | Derivative | Performance Restricted Stock Units | 2022-10-13 | A | A | 19,550 | $0.00 | 19,550 | D | $0.00 · — to — | 19,550 Common Stock | (F11) 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 goals related to NAND delivery and solutions over a 3-year period beginning September 2, 2022 and ending August 28, 2025 (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, 2022), and certification of such performance by the Compensation Committee. |
| 15 | Derivative | Performance Restricted Stock Units | 2022-10-13 | A | A | 19,550 | $0.00 | 19,550 | D | $0.00 · — to — | 19,550 Common Stock | (F12) 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 goals related to DRAM revenue over a 3-year period beginning September 2, 2022 and ending August 28, 2025 (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, 2022), and certification of such performance by the Compensation Committee. |
| 16 | Derivative | Performance Restricted Stock Units | 2022-10-13 | M | D | 10,318 | $0.00 | 0 | D | $0.00 · — to — | 1,200 Common Stock | (F6) 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 goals related to relative total shareholder return over a 3-year performance period beginning August 30, 2019 and ending 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. |
| 17 | Derivative | Performance Restricted Stock Units | 2022-10-13 | M | D | 12,951 | $0.00 | 0 | D | $0.00 · — to — | 45,328 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 goals related to NAND delivery and solutions over a 3-year performance period beginning August 30, 2019 and ending 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. |
| 18 | Derivative | Performance Restricted Stock Units | 2022-10-13 | M | D | 14,439 | $0.00 | 14,440 | D | $0.00 · — to — | 28,879 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 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 performance-based restricted stock units awarded on October 16, 2020), and certification of such performance by the Compensation Committee. |
| 19 | Derivative | Performance Restricted Stock Units | 2022-10-13 | M | D | 12,201 | $0.00 | 12,201 | D | $0.00 · — to — | 11,225 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 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 performance-based restricted stock units awarded on October 16, 2020), and certification of such performance by the Compensation Committee. |