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
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2021-10-13
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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
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222727.00
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Common Stock
2021-10-13
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208036.00
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Common Stock
2021-10-13
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1200.00
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209236.00
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2021-10-13
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269188.00
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2021-10-13
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0.00
2021-10-13
4
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25173.00
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A
Common Stock
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Performance Restricted Stock Units
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2021-10-13
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2021-10-13
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2021-10-13
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Common Stock
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2021-10-13
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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