8-KOther Events

MICRON TECHNOLOGY INC 8-K Report, Corporate Update (Oct 14, 2011)

Filed October 14, 2011For Securities:MU

Summary

Micron Technology Inc. (MU) has filed an 8-K report to announce a change in its annual shareholder meeting date to January 24, 2012. This shift, occurring more than 30 days from the previous year's anniversary meeting date, triggers a reset of certain shareholder proposal deadlines according to SEC proxy rules and company bylaws. Investors planning to submit proposals for inclusion in the company's proxy statement must ensure their proposals are received by Micron's principal executive offices no later than October 24, 2011. This filing is primarily procedural, informing shareholders of the new meeting date and the associated critical deadline for submitting proposals. The company emphasizes that proposals submitted after October 24, 2011, will be considered untimely and will not be included in the proxy materials for the January 24, 2012 meeting. Investors should note this date carefully if they intend to participate actively in corporate governance through shareholder proposals.

Key Highlights

  • 1Micron Technology Inc. (MU) has scheduled its next annual shareholder meeting for January 24, 2012.
  • 2The meeting date is more than 30 days from the anniversary of the prior year's annual meeting.
  • 3This date change requires a reset of shareholder proposal deadlines.
  • 4Shareholder proposals intended for the January 24, 2012 meeting must be received by October 24, 2011.
  • 5Proposals must be sent to Micron's principal executive offices at 8000 South Federal Way, Boise, Idaho 83716-9632.
  • 6Proposals received after October 24, 2011, will be deemed untimely and will not be included in the proxy statement.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally announce the date of Micron Technology Inc.'s next annual shareholder meeting, which has been set for January 24, 2012, and to inform shareholders about the resulting reset of deadlines for submitting proposals.

Shareholder proposals intended to be presented at the January 24, 2012 annual meeting and included in the company's proxy statement must be received by Micron's principal executive offices no later than October 24, 2011.

Any shareholder proposal received by Micron after October 24, 2011, will be considered untimely and will not be included in the proxy statement or form of proxy for the January 24, 2012 annual meeting.

No, this 8-K filing is purely procedural. It concerns the scheduling of the annual shareholder meeting and the associated deadlines for submitting proposals, not any material operational, financial, or strategic changes within the company.