MICRON TECHNOLOGY INC — Form 10-K

Micron granted three categories of performance-based restricted stock units (RSUs) to eligible participants under its 2007 Equity Incentive Plan, each with a performance period spanning FY2026–FY2027 (Aug 30, 2024 – Sep 2, 2027). The three awards are: (1) Data Center SSD Performance Units—earned based on data center SSD market share or bit shipments, with payout factor 0.00x to 2.66x; (2) HBM3E+ Performance Units—earned based on HBM3E+ market share or bit shipments, with payout factor 0.00x to 2.66x; and (3) rTSR CAGR Performance Units—earned based on relative total shareholder return CAGR vs. SOX 55th percentile company, with payout factor 0.50x to 1.5x. A 2x aggregate cap limits total Performance Units earned across all three awards to 2× the Target Total Award. Specific dollar amounts, share counts per participant, and performance thresholds are redacted as confidential [***]. The documents also include restricted stock awards for directors and officers with standard vesting schedules, change-of-control provisions, tax withholding mechanics, clawback eligibility, and 409A compliance language. All awards are non-transferable until vested and subject to forfeiture on termination.