Sec Form 4 Filing - Poppen Joel L @ MICRON TECHNOLOGY INC - 2021-02-11

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) _____ Other (specify below)
SVP, General Counsel&Secretary
(Last) (First) (Middle)
8000 S. FEDERAL WAY
3. Date of Earliest Transaction (MM/DD/YY)
02/11/2021
(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 02/11/2021 M 4,984 A $ 18.18 303,252 D
Common Stock 02/11/2021 S( 1 ) 860 D $ 84.93 ( 2 ) 302,392 D
Common Stock 02/11/2021 S( 1 ) 3,000 D $ 85.82 ( 3 ) 299,392 D
Common Stock 02/11/2021 S( 1 ) 1,124 D $ 86.43 ( 4 ) 298,767 ( 5 ) D
Common Stock 3,650 ( 6 ) I Held Jointly with Spouse.
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 Options $ 18.18 02/11/2021 M 4,984 ( 7 ) 10/14/2023 Common Stock 4,984 $ 0 39,872 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Poppen Joel L
8000 S. FEDERAL WAY
BOISE, ID83716
SVP, General Counsel&Secretary
Signatures
Rob Beard, Attorney-in-fact 02/16/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2020.
( 2 )The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.30 to $85.24 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.
( 3 )The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.31 to $86.28 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.
( 4 )The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.32 to $86.56 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.
( 5 )Includes 499 shares acquired under the Micron Technology, Inc. Employee Stock Purchase Plan, which acquisition is exempt from reporting under Rule 16a-3(f)(1)(i)(B).
( 6 )Shares previously were inadvertently reported as directly held.
( 7 )The Non-qualified Stock Options vested in four equal installments on October 14, 2016, 2017, 2018, and 2019.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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