Mark D. Papermaster - 06 Apr 2023 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role: Chief Technology Officer & EVP
Signature: /s/ Linda Lam by Power-of-attorney for Mark Papermaster
Issuer symbol: AMD
Transactions as of: 06 Apr 2023
Net transactions value: -$2,532,207
Form type: 4
Filing time: 10 Apr 2023, 16:10:01 UTC
Previous filing: 08 Mar 2023
Next filing: 09 May 2023
SEC: View on sec.gov

Quoteable Key Fact

"Mark D. Papermaster filed Form 4 for ADVANCED MICRO DEVICES INC (AMD) on 10 Apr 2023."

Quick Takeaways

This page summarizes Mark D. Papermaster's Form 4 filing for ADVANCED MICRO DEVICES INC (AMD).
4 reported transactions and 1 derivative row are listed below.
Filing timestamp: 10 Apr 2023, 16:10.

What Changed

Previous filing in this sequence was filed on 08 Mar 2023.
Current net transaction value: -$2,532,207.

Why This Matters

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.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMD	Common Stock	Options Exercise	$209,400	+30,000	+2%	$6.98^*	1,546,945	06 Apr 2023	Direct	F1
transaction	AMD	Common Stock	Sale	$2,448,186	-26,803	-1.7%	$91.34	1,520,142	06 Apr 2023	Direct	F2, F3
transaction	AMD	Common Stock	Sale	$293,421	-3,197	-0.21%	$91.78	1,516,945	06 Apr 2023	Direct	F2, F4

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 Grant	Options Exercise	$0	-30,000	-25%	$0.000000	91,701	06 Apr 2023	Common Stock	30,000	$6.98	Direct	F5

* 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 November 17, 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 November 17, 2022.
F3	Transaction executed in multiple trades at prices ranging from $90.68 to $91.66 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F4	Transaction executed in multiple trades at prices ranging from $91.68 to $91.89 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F5	This option vested 33 1/3% on July 26, 2017 and 8 1/3% per quarter over the subsequent eight quarters.