Thorsen Steven L. JR 4

4 · MICRON TECHNOLOGY INC · Filed Oct 26, 2017

Form 4

Period: 2017-10-24

VP of WW Sales & Marketing

Transactions

Award
Performance Restricted Stock Unit
2017-10-24+11,659→ 11,659 total
Exercise: $0.00→ Common Stock (11,659 underlying)
Award
Common Stock
2017-10-24+19,490→ 183,962 total
Exercise/Conversion
Common Stock
2017-10-24+7,452→ 191,414 total
Tax Payment
Common Stock
2017-10-24$41.56/sh−3,678$152,858→ 187,736 total
Exercise/Conversion
Performance Restricted Stock Units
2017-10-24+7,452→ 7,452 total
Exercise: $0.00→ Common Stock (7,452 underlying)
Award
Non-qualified Stock Option
2017-10-24+25,255→ 25,255 total
Exercise: $41.56From: 2018-10-24Exp: 2025-10-24→ Common Stock (25,255 underlying)

Footnotes (6)

[F1]Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant.
[F2]Not Applicable - Grant of restricted stock units.
[F3]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.
[F4]Non-qualifed Stock Options vest in 25% increments annually on the anniversary of the grant.
[F5]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 new technology ramp and Company valuation over a 3-year performance period beginning September 1, 2017 and ending on September 3, 2020, and certification of such performance by the Compensation Committee following the conclusion of the performance period.
[F6]Each performance-based restricted stock unit represented 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 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.

Documents

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