Micron Technology, Inc.
MICRON TECHNOLOGY INC (Form: 4, Received: 05/30/2018 16:42:36)
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 *

Deboer Scott 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, Technology Development
(Last)          (First)          (Middle)

8000 S. FEDERAL WAY
3. Date of Earliest Transaction (MM/DD/YYYY)

5/25/2018
(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   5/25/2018     M    8475   (1) A $28.765   128579   D  
 
Common Stock   5/25/2018     M    16320   (1) A $17.41   144899   D  
 
Common Stock   5/25/2018     S    24795   (1) D $62.00   120104   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   $28.765   5/25/2018     M         8475      (2) 10/20/2022   Common Stock   8475   $0   8475   D  
 
Non-qualified Stock Option   $17.41   5/25/2018     M         16320      (3) 10/19/2024   Common Stock   16320   $0   48960   D  
 

Explanation of Responses:
(1)  Sale of stock pursuant to a 10b5-1 Trading Plan entered into on February 07, 2018.
(2)  This stock option vests in four equal installments on October 20, 2015, 2016, 2017 and 2018.
(3)  This stock 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
Deboer Scott J
8000 S. FEDERAL WAY
BOISE, ID 83716


EVP, Technology Development

Signatures
Robert Case, Attorney-in-fact 5/30/2018
** Signature of Reporting Person Date


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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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