Sec Form 4 Filing - Poppen Joel L @ MICRON TECHNOLOGY INC - 2016-10-19

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Poppen Joel L
2. Issuer Name and Ticker or Trading Symbol
MICRON TECHNOLOGY INC [ MU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) X __ Other (specify below)
VP Legal Affairs, Gen Counsel/Corporate Secretary
(Last) (First) (Middle)
8000 S. FEDERAL WAY, MS 1-557
3. Date of Earliest Transaction (MM/DD/YY)
10/19/2016
(Street)
BOISE, ID83716
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/19/2016 A 41,485 ( 1 ) A $ 0 185,734 D
Common Stock 10/20/2016 F 2,181 ( 2 ) D $ 17.22 183,553 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option $ 17.41 10/19/2016 A 52,387 10/19/2017( 3 ) 10/19/2024 Common Stock 52,387 $ 0 52,387 D
Performance Restricted Stock Unit $ 0 10/19/2016 A 22,705 ( 4 ) ( 4 ) Common Stock 22,705 ( 4 ) $ 0 22,705 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Poppen Joel L
8000 S. FEDERAL WAY
MS 1-557
BOISE, ID83716
VP Legal Affairs, Gen Counsel Corporate Secretary
Signatures
Robert Case, Attorney-in-fact 10/21/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Restricted Stock Awards vest in 25% increments annually on the anniversary of the grant.
( 2 )Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock awarded under the Issuer's 2004 Equity Incentive Plan.
( 3 )Non-qualifed Stock Options vest in 25% increments annually on the anniversary of the grant.
( 4 )Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 200% of one share of common stock based upon the achievement of pre-established performance metrics related to relative TSR and ROA over a 3-year performance period beginning September 2, 2016 and ending on August 29, 2019, and certification of such performance by the Compensation Committee following the conclusion of the performance period.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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