Filing Details
- Accession Number:
- 0000002488-16-000268
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-11-04 19:16:38
- Reporting Period:
- 2016-11-02
- Filing Date:
- 2016-11-04
- Accepted Time:
- 2016-11-04 19:16:38
- 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 |
|---|---|---|---|---|---|---|---|
| 1622864 | Eugene Forrest Norrod | Advanced Micro Devices, Inc. One Amd Place Sunnyvale CA 94088-3453 | Svp & Gm Eesc | 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 | Disposition | 2016-11-02 | 20,500 | $6.92 | 230,159 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2016-11-02 | 515,102 | $0.00 | 745,261 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-11-04 | 203,806 | $6.61 | 541,455 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | PRSU Award | Disposition | 2016-11-02 | 515,102 | $0.00 | 515,102 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 515,102 | No | 4 | M | Direct |
Footnotes
- Represents the number of shares sold to cover Reporting Person's incremental tax liability.
- Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Reporting Person's Performance-based Restricted Stock Units (the "PRSUs").
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.47 to $6.72 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The number of PRSUs that may be earned is based on a three-year compound annual growth rate milestone related to AMD's closing stock price that may be attained within the three-year performance period that began on August 15, 2015 and ends on August 15, 2018 (the "Performance Period"), with the potential payout levels of PRSUs at 50%, 100%, 200% and 250% of the target number of PRSUs granted, provided however, no more than 50% of the PRSU Award shall vest on the first anniversary of the grant date and 50% shall vest at the end of the Performance Period, to the extent earned.
- The reported number of securities represents 50% of the earned number of shares subject to the 2015 PRSU Award, that were issuable on the date the Compensation and Leadership Resources Committee certified performance.
- The reported number of securities represents the remaining 50% of the number of shares that will vest at the end of the Performance Period subject to the Reporting Person's continued employment.
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