DEVINDER KUMAR - 16 Mar 2023 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role
EVP
Signature
/s/Linda Lam by Power of Attorney for Devinder Kumar
Issuer symbol
AMD
Transactions as of
16 Mar 2023
Net transactions value
-$162,650
Form type
4
Filing time
20 Mar 2023, 16:37:47 UTC
Previous filing
09 Mar 2023
Next filing
03 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $1,380,085 +16,265 +2.9% $84.85 572,015 16 Mar 2023 Direct F1
transaction AMD Common Stock Sale $1,542,735 -16,265 -2.8% $94.85 555,750 16 Mar 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 -16,265 -67% $0.000000 8,133 16 Mar 2023 Common Stock 16,265 $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.