Sec Form 4 Filing - Murphy Mark J. @ MICRON TECHNOLOGY INC - 2022-04-18

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 Murphy Mark J. 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) EVP & Chief Financial Officer (Last) (First) (Middle) 8000 S. FEDERAL WAY 3. Date of Earliest Transaction (MM/DD/YY) 04/18/2022 (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( 1 ) 04/18/2022 A 71,296( 2 ) A $ 0 71,296 D Common Stock( 3 ) 04/18/2022 A 18,765( 2 ) A $ 0 90,061 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 Performance Restricted Stock Units( 1 ) $ 0 04/18/2022 A 17,824 ( 4 ) ( 4 ) Common Stock 17,824 $ 0 17,824 D Performance Restricted Stock Units( 1 ) $ 0 04/18/2022 A 17,824 ( 5 ) ( 5 ) Common Stock 17,824 $ 0 17,824 D Performance Restricted Stock Units( 1 ) $ 0 04/18/2022 A 29,593 ( 6 ) ( 6 ) Common Stock 29,593 $ 0 29,593 D Performance Restricted Stock Units( 3 ) $ 0 04/18/2022 A 4,691 ( 4 ) ( 4 ) Common Stock 4,691 $ 0 22,515 D Performance Restricted Stock Units( 3 ) $ 0 04/18/2022 A 4,691 ( 5 ) ( 5 ) Common Stock 4,691 $ 0 22,515 D Performance Restricted Stock Units( 3 ) $ 0 04/18/2022 A 7,789 ( 6 ) ( 6 ) Common Stock 7,789 $ 0 37,382 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Murphy Mark J. 8000 S. FEDERAL WAY BOISE, ID83716 EVP & Chief Financial Officer Signatures Mai Lan Bui, Attorney-in-fact 04/20/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Relates to a one-time new hire award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units. ( 2 )Restricted Stock Awards vest in 33 1/3% increments annually on the anniversary of the grant. ( 3 )Relates to a pro-rated 2022 annual equity award, which consisted of 50% time-vested restricted stock shares and 50% performance restricted stock units ( 4 )Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage of one share of common stock which percentage varies based upon the achievement of pre-established performance metrics related to Data Center NAND delivery and solutions over a 3-year period beginning September 3, 2021 and ending on August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on April 18, 2022), and certification of such performance by the Compensation Committee. ( 5 )Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage of one share of common stock which percentage varies based upon the achievement of pre-established performance metrics related to High Value NAND delivery and solutions over a 3-year period beginning September 3, 2021 and ending on August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on April 18, 2022), and certification of such performance by the Compensation Committee. ( 6 )Each performance-based restricted stock unit represents the right to receive, following vesting, a percentage of one share of common stock which percentage varies based upon the achievement of pre-established performance metrics related to relative total shareholder return over a 3-year period beginning September 3, 2021 and ending on August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the performance-based restricted stock units awarded on April 18, 2022), and certification of such performance by the Compensation Committee.

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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