<SEC-DOCUMENT>0001562180-24-007355.txt : 20241016
<SEC-HEADER>0001562180-24-007355.hdr.sgml : 20241016
<ACCEPTANCE-DATETIME>20241016180427
ACCESSION NUMBER:		0001562180-24-007355
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241013
FILED AS OF DATE:		20241016
DATE AS OF CHANGE:		20241016

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MEHROTRA SANJAY
		CENTRAL INDEX KEY:			0001242654
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10658
		FILM NUMBER:		241375582

	MAIL ADDRESS:	
		STREET 1:		8000 S FEDERAL WAY
		CITY:			BOISE
		STATE:			ID
		ZIP:			83716

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MICRON TECHNOLOGY INC
		CENTRAL INDEX KEY:			0000723125
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				751618004
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0829

	BUSINESS ADDRESS:	
		STREET 1:		8000 S FEDERAL WAY
		STREET 2:		PO BOX 6
		CITY:			BOISE
		STATE:			ID
		ZIP:			83716-9632
		BUSINESS PHONE:		2083684000

	MAIL ADDRESS:	
		STREET 1:		8000 S FEDERAL WAY
		STREET 2:		PO BOX 6
		CITY:			BOISE
		STATE:			ID
		ZIP:			83716-9632
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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    <footnotes>
        <footnote id="F1">Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date.</footnote>
        <footnote id="F10">Each performance-based restricted stock unit (&quot;PRSU&quot;) represents the right to receive, following vesting, a percentage of one share of common stock based upon the achievement of pre-established performance goals over a 3-year performance period beginning September 2, 2022 and ending August 28, 2025 (subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2022), and certification of such performance by the Compensation Committee.</footnote>
        <footnote id="F2">Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards.</footnote>
        <footnote id="F3">The Compensation Committee certified achievement of pre-established performance goals related to High Value and Data Center NAND delivery and solutions each at 266% of target under the performance-based restricted stock units (&quot;PRSU&quot;) with a 3-year performance period previously awarded on October 13, 2021. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2021. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period which remained subject to vesting vested upon certification of the achievement of performance goals in year 3 of the performance period.</footnote>
        <footnote id="F4">The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 108% of target under the performance-based restricted stock units (&quot;PRSU&quot;) with a 3-year performance period previously awarded on October 13, 2021. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2021. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period which remained subject to vesting vested upon certification of the achievement of performance goals at the end of year 3 of the performance period.</footnote>
        <footnote id="F5">The Compensation Committee certified achievement of pre-established performance goals related to Data Center NAND delivery and solutions at a level of 200% of  target under the performance-based restricted stock units (&quot;PRSU&quot;) with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2022. 50% of the shares earned vested upon certification of the performance and 50% remain subject to vesting until the certification of the achievement of performance goals at the end of year 3 of the performance period.</footnote>
        <footnote id="F6">The Compensation Committee certified achievement of pre-established performance goals related to DRAM revenue at a level of 57% of  target under the performance-based restricted stock units (&quot;PRSU&quot;) with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2022. 50% of the shares earned vested upon certification of the performance and 50% remain subject to vesting until the certification of the achievement of performance goals at the end of year 3 of the performance period.</footnote>
        <footnote id="F7">The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 108% of target under the performance-based restricted stock units (&quot;PRSU&quot;) with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSU awarded on October 13, 2022. 50% of the shares earned vested upon certification of the performance and 50% remain subject to vesting until the certification of performance goals at the end of year 3 of the performance period.</footnote>
        <footnote id="F8">Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.</footnote>
        <footnote id="F9">Each performance-based restricted stock unit (&quot;PRSU&quot;) represents the right to receive, following vesting, a percentage of one share of common stock based upon the achievement of pre-established performance goals over a 3-year period beginning September 3, 2021 and ending August 29, 2024 (subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2021), and certification of such performance by the Compensation Committee.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Mai Lan Bui, Attorney-in-fact</signatureName>
        <signatureDate>2024-10-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
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