MICRON TECHNOLOGY INC 4
4 · MICRON TECHNOLOGY INC · Filed Oct 22, 2014
Insider Transaction Report
Form 4
OTTE PATRICK T
Vice President, Human Resource
Transactions
- Tax Payment
Common Stock
2014-10-20$28.77/sh−8,884$255,548→ 335,883 total - Award
Common Stock
2014-10-20$28.77/sh+15,700$451,611→ 351,583 total - Award
Non-qualified Stock Option
2014-10-20+19,300→ 19,300 totalExercise: $28.77From: 2015-10-20Exp: 2022-10-20→ Common Stock (19,300 underlying) - Award
Performance Restricted Stock Unit
2014-10-20+9,500→ 9,500 totalExercise: $0.00→ Common Stock (9,500 underlying)
Footnotes (4)
- [F1]Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock awarded under the Issuer's 2004 Equity Incentive Plan.
- [F2]Restricted Stock Awards vest in 25% increments annually on the anniversary of the grant.
- [F3]Non-qualifed Stock Options vest in 25% increments annually on the anniversary of the grant.
- [F4]Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 200% of one share of common stock based upon the achievement of pre-established performance metrics related to relative TSR and ROA over a 3-year performance period beginning August 29, 2014 and ending on August 31, 2017, and certification of such performance by the Compensation Committee following the conclusion of the performance period.