Form 4 for MU Micron Technology
Accepted 2023-10-17 00:00:00 ET · period of report 2023-10-13 · accession 0001562180-23-007352 · 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 | 2023-10-17 | 2023-10-13+ | MU | Murphy Mark J. | EVP, CFO | F - Tax | $69.49 | -22.8K | 213.7K | -10% | -$1.59M |
| DM | 2023-10-17 | 2023-10-13 | MU | Murphy Mark J. | EVP, CFO | M - OptEx | $0.00 | +24.8K | 214.5K | +13% | $0 |
| D | 2023-10-17 | 2023-10-13 | MU | Murphy Mark J. | EVP, CFO | A - Grant | $0.00 | +60.9K | 213.3K | +40% | $0 |
| DM | 2023-10-17 | 2023-10-13 | MU | Murphy Mark J. | EVP, CFO | M - OptEx | $0.00 | -41.2K | 14.8K | -74% | $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 | 2023-10-13 | F | D | 1,721 | $69.75 | 219,099 | 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 | 2023-10-13 | M | A | 774 | $0.00 | 214,072 | D | — | — | (F2) The Compensation Committee certified achievement of pre-established performance goals at a level of 33% of the target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on April 18, 2022. 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 April 18, 2022. 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. |
| 3 | Common | Common Stock | 2023-10-13 | A | A | 60,932 | $0.00 | 213,298 | D | — | — | (F1) Restricted Stock Award vests in 33 1/3% increments annually on the anniversary of the grant. |
| 4 | Common | Common Stock | 2023-10-15 | F | D | 11,056 | $69.21 | 215,267 | 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 | 2023-10-13 | F | D | 6,536 | $69.75 | 226,323 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 6 | Common | Common Stock | 2023-10-13 | M | A | 13,760 | $0.00 | 232,859 | D | — | — | (F4) 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 April 18, 2022. 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 April 18, 2022. 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. |
| 7 | Common | Common Stock | 2023-10-13 | M | A | 3,622 | $0.00 | 220,820 | D | — | — | (F4) 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 April 18, 2022. 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 April 18, 2022. 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. |
| 8 | Common | Common Stock | 2023-10-13 | F | D | 1,397 | $69.75 | 217,198 | 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 | 2023-10-13 | M | A | 2,941 | $0.00 | 218,595 | D | — | — | (F2) The Compensation Committee certified achievement of pre-established performance goals at a level of 33% of the target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on April 18, 2022. 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 April 18, 2022. 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. |
| 10 | Common | Common Stock | 2023-10-13 | F | D | 1,397 | $69.75 | 215,654 | 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 | 2023-10-13 | M | A | 2,941 | $0.00 | 217,051 | D | — | — | (F2) The Compensation Committee certified achievement of pre-established performance goals at a level of 33% of the target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on April 18, 2022. 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 April 18, 2022. 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. |
| 12 | Common | Common Stock | 2023-10-13 | F | D | 368 | $69.75 | 214,110 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 13 | Common | Common Stock | 2023-10-13 | M | A | 774 | $0.00 | 214,478 | D | — | — | (F2) The Compensation Committee certified achievement of pre-established performance goals at a level of 33% of the target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on April 18, 2022. 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 April 18, 2022. 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. |
| 14 | Common | Common Stock | 2023-10-13 | F | D | 368 | $69.75 | 213,704 | D | — | — | (F3) Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 15 | Derivative | Performance Restricted Stock Units | 2023-10-13 | M | D | 3,894 | $0.00 | 3,895 | D | $0.00 · — to — | 3,622 Common Stock | (F7) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 16 | Derivative | Performance Restricted Stock Units | 2023-10-13 | M | D | 8,912 | $0.00 | 8,912 | D | $0.00 · — to — | 2,941 Common Stock | (F6) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 17 | Derivative | Performance Restricted Stock Units | 2023-10-13 | M | D | 8,912 | $0.00 | 8,912 | D | $0.00 · — to — | 2,941 Common Stock | (F5) 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 PRSU awarded on April 18, 2022), and certification of such performance by the Compensation Committee. |
| 18 | Derivative | Performance Restricted Stock Units | 2023-10-13 | M | D | 2,345 | $0.00 | 2,346 | D | $0.00 · — to — | 774 Common Stock | (F6) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 19 | Derivative | Performance Restricted Stock Units | 2023-10-13 | M | D | 2,345 | $0.00 | 2,346 | D | $0.00 · — to — | 774 Common Stock | (F5) 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 PRSU awarded on April 18, 2022), and certification of such performance by the Compensation Committee. |
| 20 | Derivative | Performance Restricted Stock Units | 2023-10-13 | M | D | 14,796 | $0.00 | 14,797 | D | $0.00 · — to — | 13,760 Common Stock | (F7) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |