Key facts
- This page summarizes Forrest Eugene Norrod's Form 4 filing for ADVANCED MICRO DEVICES INC (AMD).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 17 Feb 2023, 16:19.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Additional SEC filing notes
Footnote F1
The number of performance stock units ("PRSU") that may be earned is based on five-year compound annual growth rate milestones related to AMD's closing stock price that may be attained within the performance period that begins on February 15, 2023 and ends on February 15, 2026, with potential payouts at 0%, 75%, 100%, 125%, 150%, 175% and 200% of the target number of PRSUs. PRSUs that become earned on or before the 3rd anniversary of the grant date will vest 100% on the 3rd anniversary of the grant date generally subject to continued employment or service.
Footnote F2
The actual number of PRSUs that may be earned, if at all, will be based on actual performance with respect to the performance vesting conditions described in footnote 1, above. Earned and vested PRSUs will generally be settled following the vesting date described in footnote 1.
Footnote F3
Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock.
Footnote F4
The RSUs vest 1/3 on each of February 15, 2024, 2025 and 2026.