Filing Details

Accession Number:
0000002488-16-000276
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-04 19:24:44
Reporting Period:
2016-11-02
Filing Date:
2016-11-04
Accepted Time:
2016-11-04 19:24:44
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
1405109 T Lisa Su Advanced Micro Devices, Inc.
One Amd Place
Sunnyvale CA 94088-3453
President & Ceo Yes 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 2016-11-02 1,545,307 $0.00 2,687,640 No 4 M Direct
Common Stock Disposition 2016-11-04 665,414 $6.61 2,022,226 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
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Stock Units Disposition 2016-11-02 1,545,307 $0.00 1,545,307 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,545,307 No 4 M Direct
Footnotes
  1. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with vesting of Reporting Person's Performance-Based Restricted Stock Units ("PRSUs").
  2. 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.
  3. 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.
  4. 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.
  5. 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.