Robert P. Beard - 04 Jan 2022 Form 4 Insider Report for MICRON TECHNOLOGY INC (MU)

Role: SVP, General Counsel&Secretary
Signature: Mai Lan Bui, Attorney-in-fact
Issuer symbol: MU
Transactions as of: 04 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 06 Jan 2022, 17:22:52 UTC
Previous filing: 30 Dec 2021
Next filing: 17 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MU	Common Stock	Award	$0	+9,036	+547%	$0.000000	10,688	04 Jan 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MU	Performance Restricted Stock Units	Award	$0	+3,821		$0.000000	3,821	04 Jan 2022	Common Stock	3,821	$0.000000	Direct	F2
transaction	MU	Performance Restricted Stock Units	Award	$0	+2,259		$0.000000	2,259	04 Jan 2022	Common Stock	2,259	$0.000000	Direct	F3
transaction	MU	Performance Restricted Stock Units	Award	$0	+2,259		$0.000000	2,259	04 Jan 2022	Common Stock	2,259	$0.000000	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant.
F2	Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage of one share of common stock which percentage varies based upon the achievement of pre-established performance metrics related to relative total shareholder return over a 3-year period beginning September 3, 2021 and ending on August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on January 4, 2022), and certification of such performance by the Compensation Committee.
F3	Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage of one share of common stock which percentage varies based upon the achievement of pre-established performance metrics related to High Value NAND delivery and solutions over a 3-year period beginning September 3, 2021 and ending on August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on January 4, 2022), and certification of such performance by the Compensation Committee.
F4	Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage of one share of common stock which percentage varies based upon the achievement of pre-established performance metrics related to Data Center NAND delivery and solutions over a 3-year period beginning September 3, 2021 and ending on August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on January 4, 2022), and certification of such performance by the Compensation Committee.