Sanjay Mehrotra - 14 Jan 2022 Form 4 Insider Report for MICRON TECHNOLOGY INC (MU)

Role
CEO and President, Director
Signature
Rob Beard, Attorney-in-fact
Issuer symbol
MU
Transactions as of
14 Jan 2022
Net transactions value
-$6,896,000
Form type
4
Filing time
19 Jan 2022, 18:33:56 UTC
Previous filing
14 Dec 2021
Next filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MU Common Stock Gift $0 -170,000 -21% $0.000000 651,236 05 Nov 2021 Direct
transaction MU Common Stock Gift $0 +170,000 +188% $0.000000 260,354 05 Nov 2021 GRAT F1
transaction MU Common Stock Gift $0 +25,065 +3.8% $0.000000 676,301 22 Dec 2021 Direct F2
transaction MU Common Stock Gift $0 -25,065 -9.6% $0.000000 235,289 22 Dec 2021 GRAT F1, F2
transaction MU Common Stock Options Exercise $2,820,000 +100,000 +15% $28.20 776,301 14 Jan 2022 Direct
transaction MU Common Stock Sale $9,716,000 -100,000 -13% $97.16 676,301 14 Jan 2022 Direct F3

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 Non-qualified Stock Options Options Exercise $0 -100,000 -17% $0.000000 471,976 14 Jan 2022 Common Stock 100,000 $28.20 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grantor retained annuity trust for the benefit of the reporting person and his family.
F2 Shares transferred from a grantor retained annuity trust back to a revocable trust. All trusts are for the benefit of the reporting person and his family.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.85 to $97.37 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The Non-qualified Stock Options vested in four equal installments on May 8, 2018, 2019, 2020, and 2021.