Filing Details
- Accession Number:
- 0000002488-20-000021
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-19 16:43:19
- Reporting Period:
- 2020-02-15
- Accepted Time:
- 2020-02-19 16:43:19
- 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 |
|---|---|---|---|---|---|---|---|
| 1768248 | Darren Paul Grasby | 2485 Augustine Drive Santa Clara CA 95054 | Svp & Cso, President Emea | 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 | 2020-02-15 | 33,985 | $0.00 | 61,098 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2020-02-15 | 3,861 | $0.00 | 64,959 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-18 | 17,922 | $54.90 | 47,037 | 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 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2020-02-15 | 33,985 | $0.00 | 33,985 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2020-02-15 | 3,861 | $0.00 | 3,861 | $0.00 |
| Common Stock | PRSU Award | Acquisiton | 2020-02-15 | 39,992 | $0.00 | 39,992 | $0.00 |
| Common Stock | RSU Award | Acquisiton | 2020-02-15 | 39,992 | $0.00 | 39,992 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 33,987 | No | 4 | M | Direct | ||
| 7,723 | No | 4 | M | Direct | ||
| 39,992 | No | 4 | A | Direct | ||
| 39,992 | 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 vesting and settlement of the Reporting Person's Restricted Stock Units ("RSUs").
- Each RSU represents a contingent right to receive one share of AMD's common stock.
- The RSUs vest 1/3 on each of February 15, 2019, 2020 and 2021.
- The RSUs vest 1/3 on each of February 15, 2020, 2021 and 2022.
- 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 that began on August 9, 2019 and ends on August 9, 2022, (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 2019 to 2021 fiscal years. Notwithstanding, the maximum number of PRSUs that may be earned is limited to (x) twelve 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, 2022 (or the one-year anniversary of a change in control, if earlier).
- The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee ("Compensation Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 5, above. Earned and vested PRSUs will generally be settled on the later of August 16, 2022 or the date following the Compensation Committee's determination of performance.
- The RSUs vest 1/3 on each of February 15, 2021, 2022 and 2023.
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