Poppen Joel L 4
4 · MICRON TECHNOLOGY INC · Filed Oct 15, 2021
Insider Transaction Report
Form 4
Poppen Joel L
VP Legal Affairs, Gen CounselOther
Transactions
- Tax Payment
Common Stock
2021-10-13$66.72/sh−189$12,610→ 244,890 total - Tax Payment
Common Stock
2021-10-13$66.72/sh−7,134$475,980→ 245,079 total - Exercise/Conversion
Performance Restricted Stock Units
2021-10-13−3,693→ 3,694 totalExercise: $0.00→ Common Stock (429 underlying) - Exercise/Conversion
Common Stock
2021-10-13+16,240→ 261,130 total - Exercise/Conversion
Performance Restricted Stock Units
2021-10-13−4,640→ 4,640 totalExercise: $0.00→ Common Stock (16,240 underlying) - Exercise/Conversion
Common Stock
2021-10-13+429→ 261,559 total
Holdings
- 3,650(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance restricted stock units awarded under the Issuer's 2004 Equity Incentive Plan.
- [F2]The Compensation Committee certified achievement of the pre-established performance goals at a level resulting in a vest of 100% of the total target shares under the performance-based restricted stock units previously awarded on October 16, 2019. As reported at grant, the performance-based restricted stock unit could result in a payout that varies based on actual achievement of the goals, subject to a 200% aggregate limit on the payout of target shares.
- [F3]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 metrics related to NAND over a 3-year performance period beginning August 30, 2019 and ending on September 1, 2022 (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 16, 2019), 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 based upon the achievement of pre-established performance metrics related to relative total shareholder return over a 3-year performance period beginning August 30, 2019 and ending on September 1, 2022 (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 16, 2019), and certification of such performance by the Compensation Committee.