Devinder Kumar - 09 Aug 2021 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
11 Aug 2021, 16:22:25 UTC
Prior SEC filing
03 Jun 2021
Next SEC filing
18 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Devinder Kumar

Key filing fact

Devinder Kumar filed Form 4 for ADVANCED MICRO DEVICES INC (AMD) on 11 Aug 2021.

Key facts

  • This page summarizes Devinder Kumar's Form 4 filing for ADVANCED MICRO DEVICES INC (AMD).
  • 13 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 11 Aug 2021, 16:22.

Change

  • Previous filing in this sequence was filed on 03 Jun 2021.
  • Current net transaction value: -$7,732,378.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AMD transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+19,816
Change %
+4.2%
Price
$0.000000
Shares after
494,829
Date
09 Aug 2021
Ownership
Direct
AMD transaction

Common Stock

Tax liability

Transaction value
$1,057,189
Shares
-9,827
Change %
-2%
Price
$107.58
Shares after
485,002
Date
09 Aug 2021
Ownership
Direct
AMD transaction

Common Stock

Options Exercise

Transaction value
$116,003
Shares
+63,045
Change %
+13%
Price
$1.84*
Shares after
548,047
Date
10 Aug 2021
Ownership
Direct
Footnotes
F1
AMD transaction

Common Stock

Sale

Transaction value
$3,964,281
Shares
-36,932
Change %
-6.7%
Price
$107.34
Shares after
511,115
Date
10 Aug 2021
Ownership
Direct
Footnotes
F2, F3
AMD transaction

Common Stock

Sale

Transaction value
$2,765,424
Shares
-25,549
Change %
-5%
Price
$108.24
Shares after
485,566
Date
10 Aug 2021
Ownership
Direct
Footnotes
F2, F4
AMD transaction

Common Stock

Sale

Transaction value
$61,487
Shares
-564
Change %
-0.12%
Price
$109.02
Shares after
485,002
Date
10 Aug 2021
Ownership
Direct
Footnotes
F2, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AMD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-10,186
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,186
Exercise price
Footnotes
F6, F7
AMD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-5,942
Change %
-50%
Price
$0.000000
Shares after
5,945
Date
09 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,942
Exercise price
Footnotes
F6, F8
AMD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,688
Change %
-33%
Price
$0.000000
Shares after
7,379
Date
09 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,688
Exercise price
Footnotes
F6, F9
AMD transaction Derivative

PRSU Award

Award

Transaction value
$0
Shares
+18,793
Change %
Price
$0.000000
Shares after
18,793
Date
09 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
18,793
Exercise price
Footnotes
F10, F11
AMD transaction Derivative

RSU Award

Award

Transaction value
$0
Shares
+9,396
Change %
Price
$0.000000
Shares after
9,396
Date
09 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,396
Exercise price
Footnotes
F6, F12
AMD transaction Derivative

Stock Option Grant

Award

Transaction value
$0
Shares
+21,939
Change %
Price
$0.000000
Shares after
21,939
Date
09 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
21,939
Exercise price
$107.58
Footnotes
F13
AMD transaction Derivative

Stock Option Grant

Disposed to Issuer

Transaction value
$0
Shares
-63,045
Change %
-100%
Price
$0.000000*
Shares after
0
Date
10 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
63,045
Exercise price
$1.84
Footnotes
F14
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 14 footnotes

Footnote F1

The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2020.

Footnote F2

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2020.

Footnote F3

Transaction executed in multiple trades at prices ranging from $106.88 to $107.87 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.

Footnote F4

Transaction executed in multiple trades at prices ranging from $107.88 to $108.86 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.

Footnote F5

Transaction executed in multiple trades at prices ranging from $108.88 to $109.16 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.

Footnote F6

Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock.

Footnote F7

The RSUs vest 1/3 on each of August 9, 2019, 2020 and 2021.

Footnote F8

The RSUs vest 1/3 each on August 9, 2020, 2021 and 2022.

Footnote F9

The RSUs vest 1/3 on each of August 9, 2021, 2022 and 2023.

Footnote F10

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 begins August 9, 2021 and ends on August 9, 2024, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2023 fiscal year non-GAAP earnings per share exceeds AMDs 2021 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 9, 2024 (or the one-year anniversary of a change in control, if earlier).

Footnote F11

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 10, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2024 or the date following the Compensation Committee's determination of performance.

Footnote F12

The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.

Footnote F13

The options vest 1/3 on each of August 9, 2022, 2023 and 2024.

Footnote F14

This option vested 33 1/3% on August 15, 2016 and 8 1/3% per quarter over the subsequent eight quarters.

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