Filing Details
- Accession Number:
- 0000002488-18-000158
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-08-17 16:37:38
- Reporting Period:
- 2018-08-15
- Accepted Time:
- 2018-08-17 16:37:38
- 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 |
---|---|---|---|---|---|---|---|
1449649 | D Mark Papermaster | 2485 Augustine Drive Santa Clara CA 95054 | Chief Technology Officer & Svp | 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 | 2018-08-15 | 515,103 | $0.00 | 1,599,708 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2018-08-15 | 74,452 | $5.87 | 1,674,160 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-08-15 | 74,452 | $19.86 | 1,599,708 | No | 4 | S | Direct | |
Common Stock | Disposition | 2018-08-16 | 237,510 | $19.51 | 1,362,198 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option Grant | Disposition | 2018-08-15 | 74,452 | $0.00 | 74,452 | $5.87 |
Common Stock | Performance Stock Units | Disposition | 2018-08-15 | 515,103 | $0.00 | 515,103 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2019-06-15 | No | 4 | M | Direct | |
0 | No | 4 | M | Direct |
Footnotes
- The stock option exercise reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2017.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2017.
- Transaction executed in multiple trades at prices ranging from $19.64 to $20.08 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- Represents shares automatically sold pursuant to an irrevocable sell to cover election to satisfy tax withholding obligations in connection with the Reporting Person's Performance-based Restricted Stock Unit ("PRSU") vesting.
- The reported price in Column 4 is a weighted average sale price applied to the transaction by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $19.25 to $19.84 per share, inclusive. The Reporting Person undertakes to provide 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.
- These options vested 33 1/3% on June 15, 2013 and then 8 1/3% per quarter over the next eight following quarters.
- 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 the remaining 50% of the earned number of shares that vested at the end of the Performance Period.