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

Role: SVP, General Counsel&Secretary
Signature: Mai Lan Bui, Attorney-in-fact
Stock symbol: MU
Transactions as of: Jan 4, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/6/2022, 05:22 PM
Previous filing: Dec 30, 2021
Next filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MU	Common Stock	Award	$0	+9.04K	+546.97%	$0.00	10.7K	Jan 4, 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	+3.82K		$0.00	3.82K	Jan 4, 2022	Common Stock	3.82K	$0.00	Direct	F2
transaction	MU	Performance Restricted Stock Units	Award	$0	+2.26K		$0.00	2.26K	Jan 4, 2022	Common Stock	2.26K	$0.00	Direct	F3
transaction	MU	Performance Restricted Stock Units	Award	$0	+2.26K		$0.00	2.26K	Jan 4, 2022	Common Stock	2.26K	$0.00	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.