Devinder Kumar - Mar 16, 2023 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role
EVP
Signature
/s/Linda Lam by Power of Attorney for Devinder Kumar
Stock symbol
AMD
Transactions as of
Mar 16, 2023
Transactions value $
-$162,650
Form type
4
Date filed
3/20/2023, 04:37 PM
Previous filing
Mar 9, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $1.38M +16.3K +2.93% $84.85 572K Mar 16, 2023 Direct F1
transaction AMD Common Stock Sale -$1.54M -16.3K -2.84% $94.85 556K Mar 16, 2023 Direct F2

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 Stock Option Options Exercise $0 -16.3K -66.67% $0.00 8.13K Mar 16, 2023 Common Stock 16.3K $84.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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 9, 2022.
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 9, 2022.
F3 The options vest 1/3 on each of August 9, 2021, 2022 and 2023.