Form 4 for MU Micron Technology
Accepted 2024-10-16 00:00:00 ET · period of report 2024-10-13 · accession 0001562180-24-007360 · 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 | Murphy Mark J. | EVP, CFO | A - Grant | $0.00 | +42.1K | 235.8K | +22% | $0 |
| DM | 2024-10-16 | 2024-10-13+ | MU | Murphy Mark J. | EVP, CFO | F - Tax | $106.96 | -89.5K | 320.9K | -22% | -$9.57M |
| DM | 2024-10-16 | 2024-10-13 | MU | Murphy Mark J. | EVP, CFO | M - OptEx | $0.00 | +174.6K | 330.9K | +112% | $0 |
| DM | 2024-10-16 | 2024-10-13 | MU | Murphy Mark J. | EVP, CFO | M - OptEx | $0.00 | -74.1K | 0 | -100% | $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 | 42,088 | $0.00 | 235,815 | D | — | — | (F1) Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date. |
| 2 | Common | Common Stock | 2024-10-13 | F | D | 9,008 | $106.92 | 226,807 | D | — | — | (F2) 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 | M | A | 44,471 | $0.00 | 271,278 | D | — | — | (F3) The Compensation Committee certified achievement of pre-established performance goals related to High Value and Data Center NAND delivery and solutions at 266% 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 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 April 18, 2022. 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. |
| 4 | Common | Common Stock | 2024-10-13 | F | D | 19,654 | $106.92 | 251,624 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 5 | Common | Common Stock | 2024-10-13 | M | A | 44,471 | $0.00 | 296,095 | D | — | — | (F3) The Compensation Committee certified achievement of pre-established performance goals related to High Value and Data Center NAND delivery and solutions at 266% 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 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 April 18, 2022. 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. |
| 6 | Common | Common Stock | 2024-10-13 | F | D | 19,654 | $106.92 | 276,441 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 7 | Common | Common Stock | 2024-10-13 | M | A | 18,200 | $0.00 | 294,641 | D | — | — | (F4) 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 April 18, 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 April 18, 2022. 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. |
| 8 | Common | Common Stock | 2024-10-13 | F | D | 7,749 | $106.92 | 286,892 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 9 | Common | Common Stock | 2024-10-13 | M | A | 11,704 | $0.00 | 298,596 | D | — | — | (F3) The Compensation Committee certified achievement of pre-established performance goals related to High Value and Data Center NAND delivery and solutions at 266% 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 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 April 18, 2022. 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. |
| 10 | Common | Common Stock | 2024-10-13 | F | D | 5,173 | $106.92 | 293,423 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 11 | Common | Common Stock | 2024-10-13 | M | A | 11,704 | $0.00 | 305,127 | D | — | — | (F3) The Compensation Committee certified achievement of pre-established performance goals related to High Value and Data Center NAND delivery and solutions at 266% 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 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 April 18, 2022. 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. |
| 12 | Common | Common Stock | 2024-10-13 | F | D | 5,173 | $106.92 | 299,954 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 13 | Common | Common Stock | 2024-10-13 | M | A | 4,790 | $0.00 | 304,744 | D | — | — | (F4) 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 April 18, 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 April 18, 2022. 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. |
| 14 | Common | Common Stock | 2024-10-13 | F | D | 2,040 | $106.92 | 302,704 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 15 | Common | Common Stock | 2024-10-13 | M | A | 18,365 | $0.00 | 321,069 | D | — | — | (F5) 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. |
| 16 | Common | Common Stock | 2024-10-13 | F | D | 8,577 | $106.92 | 312,492 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 17 | Common | Common Stock | 2024-10-13 | M | A | 5,234 | $0.00 | 317,726 | D | — | — | (F6) 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. |
| 18 | Common | Common Stock | 2024-10-13 | F | D | 2,445 | $106.92 | 315,281 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 19 | Common | Common Stock | 2024-10-13 | M | A | 15,641 | $0.00 | 330,922 | D | — | — | (F7) 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. |
| 20 | Common | Common Stock | 2024-10-13 | F | D | 7,305 | $106.92 | 323,617 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 21 | Common | Common Stock | 2024-10-15 | F | D | 2,716 | $108.34 | 320,901 | D | — | — | (F2) Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. |
| 22 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 8,912 | $0.00 | 0 | D | $0.00 · — to — | 44,471 Common Stock | (F8) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 23 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 8,912 | $0.00 | 0 | D | $0.00 · — to — | 44,471 Common Stock | (F8) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 24 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 14,482 | $0.00 | 14,483 | D | $0.00 · — to — | 15,641 Common Stock | (F9) 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. |
| 25 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 9,182 | $0.00 | 9,183 | D | $0.00 · — to — | 5,234 Common Stock | (F9) 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. |
| 26 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 9,182 | $0.00 | 9,183 | D | $0.00 · — to — | 18,365 Common Stock | (F9) 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. |
| 27 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 3,895 | $0.00 | 0 | D | $0.00 · — to — | 4,790 Common Stock | (F8) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 28 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 2,346 | $0.00 | 0 | D | $0.00 · — to — | 11,704 Common Stock | (F8) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 29 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 14,797 | $0.00 | 0 | D | $0.00 · — to — | 18,200 Common Stock | (F8) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |
| 30 | Derivative | Performance Restricted Stock Units | 2024-10-13 | M | D | 2,346 | $0.00 | 0 | D | $0.00 · — to — | 11,704 Common Stock | (F8) 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 April 18, 2022), and certification of such performance by the Compensation Committee. |