Robert P. Beard - 13 Oct 2022 Form 4 Insider Report for MICRON TECHNOLOGY INC (MU)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Oct 2022, 17:01:36 UTC
Prior SEC filing
04 Oct 2022
Next SEC filing
03 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Mai Lan Bui, Attorney-in-fact

Key filing fact

Robert P. Beard filed Form 4 for MICRON TECHNOLOGY INC (MU) on 17 Oct 2022.

Key facts

  • This page summarizes Robert P. Beard's Form 4 filing for MICRON TECHNOLOGY INC (MU).
  • 10 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 17 Oct 2022, 17:01.

Change

  • Previous filing in this sequence was filed on 04 Oct 2022.
  • Current net transaction value: -$37,231.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MU transaction

Common Stock

Award

Transaction value
$0
Shares
+30,806
Change %
+274%
Price
$0.000000
Shares after
42,043
Date
13 Oct 2022
Ownership
Direct
Footnotes
F1
MU transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,217
Change %
+2.9%
Price
$0.000000
Shares after
43,260
Date
13 Oct 2022
Ownership
Direct
Footnotes
F2
MU transaction

Common Stock

Tax liability

Transaction value
$19,518
Shares
-370
Change %
-0.86%
Price
$52.75
Shares after
42,890
Date
13 Oct 2022
Ownership
Direct
Footnotes
F3
MU transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,107
Change %
+2.6%
Price
$0.000000
Shares after
43,997
Date
16 Oct 2022
Ownership
Direct
Footnotes
F2
MU transaction

Common Stock

Tax liability

Transaction value
$17,714
Shares
-336
Change %
-0.76%
Price
$52.72
Shares after
43,661
Date
16 Oct 2022
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MU transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,217
Change %
-25%
Price
$0.000000
Shares after
3,654
Date
13 Oct 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,217
Exercise price
$0.000000
Footnotes
F4
MU transaction Derivative

Performance Restricted Stock Units

Award

Transaction value
$0
Shares
+12,147
Change %
Price
$0.000000
Shares after
12,147
Date
13 Oct 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,147
Exercise price
$0.000000
Footnotes
F5
MU transaction Derivative

Performance Restricted Stock Units

Award

Transaction value
$0
Shares
+7,701
Change %
Price
$0.000000
Shares after
7,701
Date
13 Oct 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,701
Exercise price
$0.000000
Footnotes
F6
MU transaction Derivative

Performance Restricted Stock Units

Award

Transaction value
$0
Shares
+7,701
Change %
Price
$0.000000
Shares after
7,701
Date
13 Oct 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,701
Exercise price
$0.000000
Footnotes
F7
MU transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-1,107
Change %
-33%
Price
$0.000000
Shares after
2,214
Date
16 Oct 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,107
Exercise price
$0.000000
Footnotes
F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Restricted Stock Award vests 33 1/3% on October 15, 2023, and 1/12 of the total restricted stock award vests quarterly thereafter.

Footnote F2

Acquisition resulted from the vesting of an equal number of Restricted Stock Units.

Footnote F3

Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously granted awards.

Footnote F4

Restricted Stock Units vest in equal installments on October 13, 2022, 2023, 2024, and 2025.

Footnote F5

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 goals related to relative total shareholder return over a 3-year period beginning September 2, 2022 and ending August 28, 2025 (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, 2022), and certification of such performance by the Compensation Committee.

Footnote F6

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 goals related to NAND delivery and solutions over a 3-year period beginning September 2, 2022 and ending August 28, 2025 (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, 2022), and certification of such performance by the Compensation Committee.

Footnote F7

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 goals related to DRAM revenue over a 3-year period beginning September 2, 2022 and ending August 28, 2025 (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, 2022), and certification of such performance by the Compensation Committee.

Footnote F8

Restricted Stock Units vested or will vest in equal installments on October 16, 2021, 2022, 2023, and 2024.

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