0001562180-21-006483.txt : 20211214 0001562180-21-006483.hdr.sgml : 20211214 20211018060213 ACCESSION NUMBER: 0001562180-21-006483 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211013 FILED AS OF DATE: 20211015 DATE AS OF CHANGE: 20211214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BHATIA MANISH H CENTRAL INDEX KEY: 0001689498 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10658 FILM NUMBER: 211327233 MAIL ADDRESS: STREET 1: C/O WESTERN DIGITAL CORPORATION STREET 2: 5601 GREAT OAKS PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95119 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MICRON TECHNOLOGY INC CENTRAL INDEX KEY: 0000723125 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 751618004 STATE OF INCORPORATION: DE FISCAL YEAR END: 0901 BUSINESS ADDRESS: STREET 1: 8000 S FEDERAL WAY STREET 2: PO BOX 6 CITY: BOISE STATE: ID ZIP: 83716-9632 BUSINESS PHONE: 2083684000 MAIL ADDRESS: STREET 1: 8000 S FEDERAL WAY STREET 2: PO BOX 6 CITY: BOISE STATE: ID ZIP: 83716-9632 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2021-10-13 false 0000723125 MICRON TECHNOLOGY INC MU 0001689498 BHATIA MANISH H 8000 S. FEDERAL WAY BOISE ID 83716 false true false false EVP, Global Operations Common Stock 2021-10-13 4 F false 444.00 66.72 D 222727.00 D Common Stock 2021-10-13 4 F false 14691.00 66.72 D 208036.00 D Common Stock 2021-10-13 4 M false 1200.00 0.00 A 209236.00 D Common Stock 2021-10-13 4 A false 59952.00 0.00 A 269188.00 D Common Stock 2021-10-13 4 M false 45327.00 0.00 A 314515.00 D Performance Restricted Stock Units 0.00 2021-10-13 4 A false 25173.00 0.00 A Common Stock 25173.00 25173.00 D Performance Restricted Stock Units 0.00 2021-10-13 4 A false 14988.00 0.00 A Common Stock 14988.00 14988.00 D Performance Restricted Stock Units 0.00 2021-10-13 4 A false 14988.00 0.00 A Common Stock 14988.00 14988.00 D Performance Restricted Stock Units 0.00 2021-10-13 4 M false 12950.00 0.00 D Common Stock 45327.00 12951.00 D Performance Restricted Stock Units 0.00 2021-10-13 4 M false 10318.00 0.00 D Common Stock 1200.00 10318.00 D 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. 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. Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant. 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 October 13, 2021), and certification of such performance by the Compensation Committee. 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 October 13, 2021), and certification of such performance by the Compensation Committee. 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 October 13, 2021), and certification of such performance by the Compensation Committee. 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. 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. Rob Beard, Attorney-in-fact 2021-10-15