Forrest Eugene Norrod - 15 Feb 2023 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
17 Feb 2023, 16:19:32 UTC
Prior SEC filing
18 Aug 2022
Next SEC filing
30 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/Forrest Eugene Norrod

Key filing fact

Forrest Eugene Norrod filed Form 4 for ADVANCED MICRO DEVICES INC (AMD) on 17 Feb 2023.

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.

Change

  • Previous filing in this sequence was filed on 18 Aug 2022.
  • Current net transaction value: $0.

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 derivative securities

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

AMD transaction Derivative

PRSU Award

Award

Transaction value
$0
Shares
+32,985
Change %
Price
$0.000000
Shares after
32,985
Date
15 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
32,985
Exercise price
Footnotes
F1, F2
AMD transaction Derivative

RSU Award

Award

Transaction value
$0
Shares
+32,985
Change %
Price
$0.000000
Shares after
32,985
Date
15 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
32,985
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

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.

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