Form 4 for MU Micron Technology
Accepted 2024-10-16 00:00:00 ET · period of report 2024-10-13 · accession 0001562180-24-007358 · 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 | 2024-10-16 | 2024-10-13 | MU | Bokan Michael W | SVP, Worldwide Sales | A - Grant | $0.00 | +23.4K | 160.4K | +17% | $0 |
| DM | 2024-10-16 | 2024-10-13+ | MU | Bokan Michael W | SVP, Worldwide Sales | F - Tax | $106.97 | -46.2K | 155.3K | -23% | -$4.94M |
| DM | 2024-10-16 | 2024-10-13 | MU | Bokan Michael W | SVP, Worldwide Sales | M - OptEx | $0.00 | +74.8K | 195.3K | +62% | $0 |
| DM | 2024-10-16 | 2024-10-13 | MU | Bokan Michael W | SVP, Worldwide Sales | M - OptEx | $0.00 | -35.6K | 5,628 | -86% | $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 | 2024-10-13 | A | A | 23,382 | $0.00 | 160,395 | D | — | — | (F1) Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date. (F2) Includes 63.522 shares acquired on July 31, 2024 under the Micron Technology, Inc. Employee Stock Purchase Plan, which acquisition is exempt from reporting under Rules 16a-3(g)(1) and 16b-3(c). |
| 2 | Common | Common Stock | 2024-10-15 | F | D | 1,691 | $108.34 | 189,032 | D | — | — | (F3) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 3 | Common | Common Stock | 2024-10-13 | F | D | 5,382 | $106.92 | 149,949 | D | — | — | (F3) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 4 | Common | Common Stock | 2024-10-13 | M | A | 21,035 | $0.00 | 170,984 | D | — | — | (F4) The Compensation Committee certified achievement of pre-established performance goals related to High Value and Data Center NAND delivery and solutions each at 266% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2021. As reported at grant, the PRSUs 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 October 13, 2021. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period which remained subject to vesting vested upon certification of the achievement of performance goals in year 3 of the performance period. |
| 5 | Common | Common Stock | 2024-10-13 | F | D | 9,443 | $106.92 | 161,541 | D | — | — | (F3) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 6 | Common | Common Stock | 2024-10-13 | M | A | 21,035 | $0.00 | 182,576 | D | — | — | (F4) The Compensation Committee certified achievement of pre-established performance goals related to High Value and Data Center NAND delivery and solutions each at 266% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2021. As reported at grant, the PRSUs 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 October 13, 2021. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period which remained subject to vesting vested upon certification of the achievement of performance goals in year 3 of the performance period. |
| 7 | Common | Common Stock | 2024-10-13 | F | D | 9,443 | $106.92 | 173,133 | D | — | — | (F3) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 8 | Common | Common Stock | 2024-10-13 | M | A | 8,709 | $0.00 | 181,842 | D | — | — | (F5) The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 108% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2021. As reported at grant, the PRSUs 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 October 13, 2021. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period which remained subject to vesting vested upon certification of the achievement of performance goals at the end of year 3 of the performance period. |
| 9 | Common | Common Stock | 2024-10-13 | F | D | 3,769 | $106.92 | 178,073 | D | — | — | (F3) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 10 | Common | Common Stock | 2024-10-13 | M | A | 11,256 | $0.00 | 189,329 | D | — | — | (F6) The Compensation Committee certified achievement of pre-established performance goals related to Data Center NAND delivery and solutions at a level of 200% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs 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 October 13, 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. |
| 11 | Common | Common Stock | 2024-10-13 | F | D | 5,335 | $106.92 | 183,994 | D | — | — | (F3) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 12 | Common | Common Stock | 2024-10-13 | M | A | 3,208 | $0.00 | 187,202 | D | — | — | (F7) The Compensation Committee certified achievement of pre-established performance goals related to DRAM revenue at a level of 57% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs 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 October 13, 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. |
| 13 | Common | Common Stock | 2024-10-13 | F | D | 1,521 | $106.92 | 185,681 | D | — | — | (F3) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 14 | Common | Common Stock | 2024-10-13 | M | A | 9,586 | $0.00 | 195,267 | D | — | — | (F8) The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 108% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs 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 October 13, 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. |
| 15 | Common | Common Stock | 2024-10-13 | F | D | 4,544 | $106.92 | 190,723 | D | — | — | (F3) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 16 | Common | Common Stock | 2024-10-13 | F | D | 5,064 | $106.92 | 155,331 | D | — | — | (F3) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 17 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 4,216 | $0.00 | 0 | D | $0.00 · — to — | 21,035 Common Stock | (F10) 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 over a 3-year 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 October 13, 2021), and certification of such performance by the Compensation Committee. |
| 18 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 8,876 | $0.00 | 8,877 | D | $0.00 · — to — | 9,586 Common Stock | (F11) 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 over a 3-year performance 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 PRSUs awarded on October 13, 2022), and certification of such performance by the Compensation Committee. |
| 19 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 5,628 | $0.00 | 5,628 | D | $0.00 · — to — | 3,208 Common Stock | (F11) 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 over a 3-year performance 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 PRSUs awarded on October 13, 2022), and certification of such performance by the Compensation Committee. |
| 20 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 4,216 | $0.00 | 0 | D | $0.00 · — to — | 21,035 Common Stock | (F10) 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 over a 3-year 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 October 13, 2021), and certification of such performance by the Compensation Committee. |
| 21 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 7,080 | $0.00 | 0 | D | $0.00 · — to — | 8,709 Common Stock | (F10) 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 over a 3-year 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 October 13, 2021), and certification of such performance by the Compensation Committee. |
| 22 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 5,628 | $0.00 | 5,628 | D | $0.00 · — to — | 11,256 Common Stock | (F11) 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 over a 3-year performance 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 PRSUs awarded on October 13, 2022), and certification of such performance by the Compensation Committee. |