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
  1. 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.
  2. Each RSU represents a contingent right to receive one share of common stock.
  3. The RSUs vest 1/3 on each of August 9, 2017, 2018 and 2019.
  4. The RSUs vest 1/3 each on August 9, 2018, 2019 and 2020.
  5. The options vest 1/3 on each of August 9, 2019, 2020 and 2021.
  6. The RSUs vest 1/3 on each of August 9, 2019, 2020 and 2021.
  7. 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.
  8. 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.