Scott J. Deboer - 22 Mar 2023 Form 4 Insider Report for MICRON TECHNOLOGY INC (MU)

Signature
Rob Beard, Attorney-in-fact
Issuer symbol
MU
Transactions as of
22 Mar 2023
Net transactions value
-$1,200,000
Form type
4
Filing time
24 Mar 2023, 16:27:54 UTC
Previous filing
14 Mar 2023
Next filing
30 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MU Common Stock Sale $1,200,000 -20,000 -8.8% $60.00 208,340 22 Mar 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 25, 2023.