Micron Technology, Inc.
MICRON TECHNOLOGY INC (Form: 4, Received: 12/27/2017 16:55:00)
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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ARNZEN APRIL S
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, Human Resources
(Last)          (First)          (Middle)

8000 S. FEDERAL WAY, MS 1-557
3. Date of Earliest Transaction (MM/DD/YYYY)

12/22/2017
(Street)

BOISE, ID 83716
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   12/20/2017     G   V 50   D $0   58659   D  
 
Common Stock   12/22/2017     M    313   A $16.26   58972   D  
 
Common Stock   12/22/2017     M    2666   A $23.24   61638   D  
 
Common Stock   12/22/2017     M    3375   A $36.07   65013   D  
 
Common Stock   12/22/2017     M    5600   A $28.02   70613   D  
 
Common Stock   12/22/2017     M    7764   A $18.18   78377   D  
 
Common Stock   12/22/2017     M    8160   A $17.41   86537   D  
 
Common Stock   12/22/2017     S    27878   D $44.2715   (1) 58659   D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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   $16.26   12/22/2017     M         313      (2) 9/11/2019   Common Stock   313   $0   0   D  
 
Non-Qualified Stock Option   $23.24   12/22/2017     M         2666      (3) 11/10/2020   Common Stock   2666   $0   1334   D  
 
Non-Qualified Stock Option   $36.07   12/22/2017     M         3375      (4) 12/5/2022   Common Stock   3375   $0   1125   D  
 
Non-Qualified Stock Option   $28.02   12/22/2017     M         5600      (5) 3/24/2023   Common Stock   5600   $0   5600   D  
 
Non-Qualified Stock Option   $18.18   12/22/2017     M         7764      (6) 10/14/2023   Common Stock   7764   $0   15527   D  
 
Non-Qualified Stock Option   $17.41   12/22/2017     M         8160      (7) 10/19/2024   Common Stock   8160   $0   24480   D  
 

Explanation of Responses:
(1)  The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.16 to $44.35, inclusive.
(2)  The option vested in four equal installments on September 11, 2014, 2015, 2016, and 2017.
(3)  The option vests in four equal installments on January 10, 2015, 2016, 2017, and 2018.
(4)  The option vests in four equal installments on December 05, 2015, 2016, 2017, and 2018.
(5)  The option vests in four equal installments on March 24, 2016, 2017, 2018, and 2019.
(6)  The option vests in four equal installments on October 14, 2016, 2017, 2018, and 2019.
(7)  The option vests in four equal installments on October 19, 2017, 2018, 2019, and 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
ARNZEN APRIL S
8000 S. FEDERAL WAY
MS 1-557
BOISE, ID 83716


SVP, Human Resources

Signatures
Robert Case, Attorney-in-fact 12/27/2017
** Signature of Reporting Person Date


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