8-KMaterial AgreementsExhibits & Filings

MICRON TECHNOLOGY INC 8-K Report, Material Agreement (Nov 30, 2004)

Filed November 30, 2004For Securities:MU

Summary

Micron Technology, Inc. (MU) filed an 8-K report on November 29, 2004, detailing the approval of its Executive Officer Performance Incentive Plan by its shareholders on November 18, 2004. This plan, previously filed as part of a definitive proxy statement, represents a formalization of performance-based compensation structures for the company's executive leadership. This filing is primarily procedural, confirming shareholder approval of a compensation plan. Investors should note that the details of the plan itself were disclosed in a prior filing (Schedule 14A on October 18, 2004). The 8-K serves to officially record the shareholder vote and the resulting material definitive agreement regarding executive compensation.

Key Highlights

  • 1Shareholder approval of the Executive Officer Performance Incentive Plan occurred on November 18, 2004.
  • 2The approval formalizes a material definitive agreement concerning executive compensation.
  • 3The incentive plan details were previously disclosed in the Company's definitive proxy statement on Schedule 14A filed October 18, 2004.
  • 4This 8-K filing serves as an official record of the shareholder vote and the subsequent agreement.
  • 5The filing indicates no other material events or changes to financial statements were reported as of November 18, 2004, beyond the approval of the incentive plan.

Frequently Asked Questions

The main purpose of this 8-K filing is to report the shareholder approval of Micron Technology's Executive Officer Performance Incentive Plan, which occurred on November 18, 2004. This signifies the formal entry into a material definitive agreement regarding executive compensation.

The details of the Executive Officer Performance Incentive Plan were previously disclosed in Micron Technology's definitive proxy statement on Schedule 14A, which was filed with the SEC on October 18, 2004. This 8-K filing primarily confirms the shareholder approval of that plan.

No, this specific 8-K filing is procedural. It focuses solely on the shareholder approval of the Executive Officer Performance Incentive Plan and does not report on financial results or significant operational changes as of the event date of November 18, 2004.