Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Adams Mark
2. Date of Event Requiring Statement (Month/Day/Year)
06/27/2006
3. Issuer Name and Ticker or Trading Symbol
MICRON TECHNOLOGY INC [MU]
(Last)
(First)
(Middle)
8000 S FEDERAL WAY, MS 1-557
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President, Digital Media
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BOISE, ID 83707
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 1,169
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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 control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option 06/21/2006(1) 02/16/2016 Common Stock 116,029 $ 10.89 D  
Incentive Stock Option 06/21/2006(1) 02/16/2016 Common Stock 2,470 $ 10.89 D  
Non-Qualified Stock Option 06/21/2006(1) 01/04/2016 Common Stock 21,901 $ 14.51 D  
Incentive Stock Option 06/21/2006(1) 01/04/2016 Common Stock 37,348 $ 14.51 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Adams Mark
8000 S FEDERAL WAY, MS 1-557
BOISE, ID 83707
      Vice President, Digital Media  

Signatures

Katie Reid, Attorney-in-fact 06/29/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Options assumed in the merger between Lexar Media and Micron Technology, Inc. on 6/21/06, vesting was accelerated on 25% of the outstanding options at change of control. The regular vesting schedule of the options is 25% for first year and monthly for the remainder of the vesting period.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.