Filing Details

Accession Number:
0000002488-21-000130
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-11 16:22:25
Reporting Period:
2021-08-09
Accepted Time:
2021-08-11 16:22:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
2488 Advanced Micro Devices Inc AMD Semiconductors & Related Devices (3674) 941692300
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1558880 Devinder Kumar
2485 Augustine Drive
Santa Clara CA 95054
Evp, Cfo & Treasurer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-08-09 19,816 $0.00 494,829 No 4 M Direct
Common Stock Disposition 2021-08-09 9,827 $107.58 485,002 No 4 F Direct
Common Stock Acquisiton 2021-08-10 63,045 $1.84 548,047 No 4 M Direct
Common Stock Disposition 2021-08-10 36,932 $107.34 511,115 No 4 S Direct
Common Stock Disposition 2021-08-10 25,549 $108.24 485,566 No 4 S Direct
Common Stock Disposition 2021-08-10 564 $109.02 485,002 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2021-08-09 10,186 $0.00 10,186 $0.00
Common Stock Restricted Stock Units Disposition 2021-08-09 5,942 $0.00 5,942 $0.00
Common Stock Restricted Stock Units Disposition 2021-08-09 3,688 $0.00 3,688 $0.00
Common Stock PRSU Award Acquisiton 2021-08-09 18,793 $0.00 18,793 $0.00
Common Stock RSU Award Acquisiton 2021-08-09 9,396 $0.00 9,396 $0.00
Common Stock Stock Option Grant Acquisiton 2021-08-09 21,939 $0.00 21,939 $107.58
Common Stock Stock Option Grant Disposition 2021-08-10 63,045 $0.00 63,045 $1.84
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
5,945 No 4 M Direct
7,379 No 4 M Direct
18,793 No 4 A Direct
9,396 No 4 A Direct
21,939 2028-08-09 No 4 A Direct
0 2022-08-15 No 4 D Direct
Footnotes
  1. The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2020.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2020.
  3. Transaction executed in multiple trades at prices ranging from $106.88 to $107.87 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  4. Transaction executed in multiple trades at prices ranging from $107.88 to $108.86 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  5. Transaction executed in multiple trades at prices ranging from $108.88 to $109.16 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  6. Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock.
  7. The RSUs vest 1/3 on each of August 9, 2019, 2020 and 2021.
  8. The RSUs vest 1/3 each on August 9, 2020, 2021 and 2022.
  9. The RSUs vest 1/3 on each of August 9, 2021, 2022 and 2023.
  10. Between 0% and 250% of the target number of PRSUs may be earned depending on (a) the return on AMD's stock price relative to the return on the S&P 500 Index over the performance period that begins August 9, 2021 and ends on August 9, 2024, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2023 fiscal year non-GAAP earnings per share exceeds AMDs 2021 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 9, 2024 (or the one-year anniversary of a change in control, if earlier).
  11. The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee ("Compensation Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 10, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2024 or the date following the Compensation Committee's determination of performance.
  12. The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.
  13. The options vest 1/3 on each of August 9, 2022, 2023 and 2024.
  14. This option vested 33 1/3% on August 15, 2016 and 8 1/3% per quarter over the subsequent eight quarters.