DEVINDER KUMAR - 09 Aug 2022 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role
EVP, CFO & Treasurer
Signature
Devinder Kumar
Issuer symbol
AMD
Transactions as of
09 Aug 2022
Net transactions value
-$604,864
Form type
4
Filing time
11 Aug 2022, 17:49:40 UTC
Previous filing
02 Jun 2022
Next filing
18 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $0 +12,765 +2.5% $0.000000 517,135 09 Aug 2022 Direct
transaction AMD Common Stock Tax liability $604,864 -6,331 -1.2% $95.54 510,804 09 Aug 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMD Restricted Stock Units Options Exercise $0 -5,945 -100% $0.000000* 0 09 Aug 2022 Common Stock 5,945 Direct F2, F3
transaction AMD Restricted Stock Units Options Exercise $0 -3,689 -50% $0.000000 3,690 09 Aug 2022 Common Stock 3,689 Direct F2, F4
transaction AMD Restricted Stock Units Options Exercise $0 -3,131 -33% $0.000000 6,265 09 Aug 2022 Common Stock 3,131 Direct F2, F5
transaction AMD PRSU Award Award $0 +28,965 $0.000000 28,965 09 Aug 2022 Common Stock 28,965 Direct F6, F7
transaction AMD RSU Award Award $0 +14,482 $0.000000 14,482 09 Aug 2022 Common Stock 14,482 Direct F2, F8
transaction AMD Stock Option Grant Award $0 +31,199 $0.000000 31,199 09 Aug 2022 Common Stock 31,199 $95.54 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of restricted stock units ("RSU").
F2 Each RSU represents a contingent right to receive one share of AMD's common stock.
F3 The RSUs vest 1/3 each on August 9, 2020, 2021 and 2022.
F4 The RSUs vest 1/3 on each of August 9, 2021, 2022 and 2023.
F5 The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.
F6 Between 0% and 250% of the target number of performance stock units ("PRSU") 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, 2022 and ends on August 9, 2025, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2024 fiscal year non-GAAP earnings per share exceeds AMDs 2022 fiscal year target 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, 2025 (or the one-year anniversary of a change in control, if earlier).
F7 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 6, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2025 or the date following the Compensation Committee's determination of performance.
F8 The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
F9 The options vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.