Filing Details
- Accession Number:
- 0000002488-18-000146
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-08-13 16:31:59
- Reporting Period:
- 2018-08-09
- Accepted Time:
- 2018-08-13 16:31:59
- 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 |
---|---|---|---|---|---|---|---|
1273666 | A Harry Wolin | 2485 Augustine Drive Santa Clara CA 95054 | Svp, Gc & Corporate Secretary | 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 | 2018-08-09 | 33,885 | $0.00 | 1,134,343 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-08-10 | 13,505 | $19.14 | 1,120,838 | 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 | Restricted Stock Units | Disposition | 2018-08-09 | 24,640 | $0.00 | 24,640 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2018-08-09 | 9,245 | $0.00 | 9,245 | $0.00 |
Common Stock | Stock Option Grant | Acquisiton | 2018-08-09 | 52,749 | $0.00 | 52,749 | $19.10 |
Common Stock | RSU Award | Acquisiton | 2018-08-09 | 21,827 | $0.00 | 21,827 | $0.00 |
Common Stock | PRSU Award | Acquisiton | 2018-08-09 | 43,655 | $0.00 | 43,655 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
24,649 | No | 4 | M | Direct | ||
18,491 | No | 4 | M | Direct | ||
52,749 | 2025-08-09 | No | 4 | A | Direct | |
21,827 | No | 4 | A | Direct | ||
43,655 | No | 4 | A | Direct |
Footnotes
- Represents shares automatically sold pursuant to an irrevocable sell to cover election to satisfy tax withholding obligations in connection with the Reporting Person's Restricted Stock Unit ("RSU") vesting.
- Each RSU represents a contingent right to receive one share of common stock.
- The RSUs vest 1/3 on each of August 9, 2017, 2018 and 2019.
- The RSUs vest 1/3 each on August 9, 2018, 2019 and 2020.
- The options vest 1/3 on each of August 9, 2019, 2020 and 2021.
- The RSUs vest 1/3 on each of August 9, 2019, 2020 and 2021.
- Each performance based restricted stock unit ("PRSU") represents a contingent right to receive one share of AMD's common stock. 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 (Performance Period) that begins August 9, 2018 and ends on August 9, 2021, (b) the absolute return on AMD's stock price over the Performance Period, and (c) AMD's non-GAAP earnings per share growth from its 2018 to 2020 fiscal years. Notwithstanding, the maximum number of PRSUs that may be earned is limited to (x) eight times the target value of the PRSU award, divided by (y) the closing price of AMD's stock on the last day of the Performance Period. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 9, 2021.
- The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee ("CLRC") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 7, above. Earned and vested PRSUs will generally be settled on the later of August 16, 2021 or the date following the CLRC's determination of performance.