Thorsen Steven L. JR 4

4 · MICRON TECHNOLOGY INC · Filed Oct 26, 2017

Form 4

Period: 2017-10-24

SVP, WORLDWIDE SALES

Transactions

Award
Common Stock
[F1]
2017-10-24+19,490→ 183,962 total
Exercise/Conversion
Common Stock
[F2]
2017-10-24+7,452→ 191,414 total
Tax Payment
Common Stock
[F3]
2017-10-24$41.56/sh−3,678$152,858→ 187,736 total
Award
Non-qualified Stock Option
[F4]
2017-10-24+25,255→ 25,255 total
Exercise: $41.56From: 2018-10-24Exp: 2025-10-24→ Common Stock (25,255 underlying)
Award
Performance Restricted Stock Unit
[F2][F5]
2017-10-24+11,659→ 11,659 total
Exercise: $0.00→ Common Stock (11,659 underlying)
Exercise/Conversion
Performance Restricted Stock Units
[F2][F6]
2017-10-24+7,452→ 7,452 total
Exercise: $0.00→ Common Stock (7,452 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.

Signature

Robert Case, Attorney-in-fact|2017-10-26

Documents

1 file