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Filing Details

Accession Number:: 0000002488-16-000272
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-11-04 19:20:30
Reporting Period:: 2016-11-02

Filing Date:: 2016-11-04
Accepted Time:: 2016-11-04 19:20:30
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
1449649	D Mark Papermaster	Advanced Micro Devices, Inc. One Amd Place Sunnyvale CA 94088-3453	Svp & Chief Technology Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-11-02	515,102	$0.00	1,032,492	No	4	M	Direct
Common Stock	Disposition	2016-11-04	271,454	$6.61	761,038	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance Stock Units	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 required to be sold by Reporting Person to cover tax withholding obligations in connection with vesting of Reporting Person's Performance-based Restricted Stock Units ("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 PRSUs, 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.