4//SEC Filing
Beard Robert P 4
Accession 0001562180-22-007212
CIK 0000723125other
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 5:01 PM ET
Size
24.0 KB
Accession
0001562180-22-007212
Insider Transaction Report
Form 4
Beard Robert P
SVP, General Counsel&Secretary
Transactions
- Award
Common Stock
2022-10-13+30,806→ 42,043 total - Exercise/Conversion
Common Stock
2022-10-13+1,217→ 43,260 total - Tax Payment
Common Stock
2022-10-13$52.75/sh−370$19,518→ 42,890 total - Tax Payment
Common Stock
2022-10-16$52.72/sh−336$17,714→ 43,661 total - Exercise/Conversion
Restricted Stock Units
2022-10-13−1,217→ 3,654 totalExercise: $0.00→ Common Stock (1,217 underlying) - Award
Performance Restricted Stock Units
2022-10-13+12,147→ 12,147 totalExercise: $0.00→ Common Stock (12,147 underlying) - Exercise/Conversion
Common Stock
2022-10-16+1,107→ 43,997 total - Award
Performance Restricted Stock Units
2022-10-13+7,701→ 7,701 totalExercise: $0.00→ Common Stock (7,701 underlying) - Award
Performance Restricted Stock Units
2022-10-13+7,701→ 7,701 totalExercise: $0.00→ Common Stock (7,701 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-10-16−1,107→ 2,214 totalExercise: $0.00→ Common Stock (1,107 underlying)
Footnotes (8)
- [F1]Restricted Stock Award vests 33 1/3% on October 15, 2023, and 1/12 of the total restricted stock award vests quarterly thereafter.
- [F2]Acquisition resulted from the vesting of an equal number of Restricted Stock Units.
- [F3]Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards.
- [F4]Restricted Stock Units vest in equal installments on October 13, 2022, 2023, 2024, and 2025.
- [F5]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.
- [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 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.
- [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 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.
- [F8]Restricted Stock Units vested or will vest in equal installments on October 16, 2021, 2022, 2023, and 2024.
Documents
Issuer
MICRON TECHNOLOGY INC
CIK 0000723125
Entity typeother
Related Parties
1- filerCIK 0001902257
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 5:01 PM ET
- Size
- 24.0 KB