SEC FORM 4 SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
 
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MEHROTRA SANJAY

(Last) (First) (Middle)
8000 S. FEDERAL WAY

(Street)
BOISE ID 83716

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MICRON TECHNOLOGY INC [ MU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
12/05/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Rule 10b5-1(c) Transaction Indication

X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 12/05/2023 M(1) 7,000 A $28.2 755,759 D
Common Stock 12/05/2023 S(1) 7,000 D $73.55(2) 748,759 D
Common Stock 532,935 I GRAT(3)
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 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: 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 $28.2 12/05/2023 M(1) 7,000 (4) 05/08/2025 Common Stock 7,000 $0.00 433,284 D
Explanation of Responses:
1. The Non-qualified Stock Option exercise and stock sale reported on this Form 4 were effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 15, 2023.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.255 to $73.71 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. Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.
4. The Non-qualified Stock Options vested in 2018, 2019, 2020, and 2021.
Remarks:
Mai Lan Bui, Attorney-in-fact 12/07/2023
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
POWER OF ATTORNEY
     The undersigned, as an officer and/or director of Micron Technology,
Inc. (the "Company") who is subject to the ownership reporting
requirements of Section 16 of the U.S. Securities Exchange Act of 1934,
as amended ("Section 16"), hereby constitutes and appoints Renee Becker,
Brian Bishop, Mai Lan Bui, and Matthew Hendley, and each of them, the
undersigned's true and lawful attorney-in-fact to:
1.	complete and execute, for and on behalf of the undersigned,
Forms 3, 4 and 5 and such other forms, and any and all
amendments thereto, as such attorney-in-fact shall in his or
her discretion determine to be required or advisable pursuant
to Section 16, and the rules and regulations promulgated
thereunder, or any successor laws and regulations thereto
(collectively, the "Exchange Act Rules"), as a consequence of
the undersigned's ownership, acquisition or disposition of
securities of the Company; and
2.	do all acts necessary in order to file such forms and/or
amendments thereto with the U.S. Securities and Exchange
Commission, any securities exchange or national association,
the Company and such other person or agency as the attorney-in-
fact shall deem appropriate to comply with the Exchange Act
Rules and any other applicable laws.
     The undersigned hereby ratifies and confirms all that said
attorneys-in-fact shall do or cause to be done by virtue hereof. The
undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not
assuming, nor is the Company assuming, any of the undersigned's
responsibilities to comply with the Exchange Act Rules.
     The undersigned hereby revokes any previous power of attorney that
he or she may have given to any person to make and file such forms and
amendments with respect to his or her ownership, acquisition or
disposition of securities of the Company.
     This Power of Attorney shall remain in full force and effect
until the earliest to occur of the following:  (a) the undersigned is
no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by
the Company, (b) revocation by the undersigned in a signed writing
delivered to the Company, or (c) as to any attorney-in-fact
individually, until such attorney-in-fact is no longer employed by
the Company.
     IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of this 13th day of April, 2023.
Signature:__/s/ Sanjay Mehrotra__________________
Print Name:  Sanjay Mehrotra