0001562180-21-006564.txt : 20211019 0001562180-21-006564.hdr.sgml : 20211019 20211019183126 ACCESSION NUMBER: 0001562180-21-006564 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211016 FILED AS OF DATE: 20211019 DATE AS OF CHANGE: 20211019 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Zinsner David CENTRAL INDEX KEY: 0001330891 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10658 FILM NUMBER: 211332215 MAIL ADDRESS: STREET 1: 1001 MURPHY RANCH ROAD CITY: MILPITAS STATE: CA ZIP: 95035 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: 0902 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 2021-10-16 false 0000723125 MICRON TECHNOLOGY INC MU 0001330891 Zinsner David 8000 S. FEDERAL WAY BOISE ID 83716 false true false false EVP & Chief Financial Officer Common Stock 2021-10-16 4 M false 16554.00 0.00 A 202760.00 D Common Stock 2021-10-16 4 M false 6647.00 0.00 A 209407.00 D Common Stock 2021-10-16 4 M false 4747.00 0.00 A 214154.00 D Common Stock 2021-10-16 4 F false 6641.00 67.68 D 207513.00 D Common Stock 2021-10-16 4 F false 7425.00 67.68 D 200088.00 D Common Stock 2021-10-16 4 F false 2086.00 67.68 D 198002.00 D Common Stock 2021-10-16 4 F false 5465.00 67.68 D 192537.00 D Common Stock 2021-10-16 4 F false 2920.00 67.68 D 189617.00 D Common Stock 2021-10-16 4 F false 7272.00 67.68 D 182345.00 D Common Stock 40819.00 I See footnote. Performance Restricted Stock Units 0.00 2021-10-16 4 M false 6200.00 0.00 D Common Stock 16554.00 0.00 D Performance Restricted Stock Units 0.00 2021-10-16 4 M false 7085.00 0.00 D Common Stock 4747.00 0.00 D Performance Restricted Stock Units 0.00 2021-10-16 4 M false 3324.00 0.00 D Common Stock 6647.00 0.00 D 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 NAND delivery and solutions performance-based restricted stock units previously awarded on October 16, 2018. As reported at grant, the performance-based restricted stock unit could result in a payout that varies from 0% to an aggregate of 200% of target shares under all related awards based on actual achievement of the goals. 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 PE Ratio performance-based restricted stock units previously awarded on October 16, 2018. As reported at grant, the performance-based restricted stock unit could result in a payout that varies from 0% to an aggregate of 200% of target shares under all related awards based on actual achievement of the goals. The Compensation Committee certified achievement of the pre-established performance goals at a level resulting in a vest of 67% of the total target shares under the FCF performance-based restricted stock units previously awarded on October 16, 2018. As reported at grant, the performance-based restricted stock unit could result in a payout that varies from 0% to an aggregate of 200% of target shares under all related awards based on actual achievement of the goals. Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of awards under the Issuer's 2004 Equity Incentive Plan. Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of awards under the Issuer's 2007 Equity Incentive Plan. Shares held in a Trust for the benefit of the reporting person and his family, with the reporting person as a co-trustee with his spouse. Each performance-based restricted stock unit represents the right to receive, following vesting, shares of common stock based upon the achievement of pre-established performance metrics related to NAND delivery and solutions over a 3-year performance period beginning August 31, 2018 and ending on September 2, 2021 (payout is from 0% up 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, 2018), and certification of such performance by the Compensation Committee. Each performance-based restricted stock unit represents the right to receive, following vesting, shares of common stock based upon the achievement of pre-established performance metrics related to FCF over a 3-year performance period beginning August 31, 2018 and ending on September 2, 2021 (payout is from 0% up 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, 2018), and certification of such performance by the Compensation Committee. Each performance-based restricted stock unit represents the right to receive, following vesting, shares of common stock based upon the achievement of pre-established performance metrics related to PE Ratio over a 3-year performance period beginning August 31, 2018 and ending on September 2, 2021 (payout is from 0% up 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, 2018), and certification of such performance by the Compensation Committee. Rob Beard, Attorney-in-fact 2021-10-19