Mark D. Papermaster - 05 May 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: 05 May 2023
Net transactions value: -$2,344,800
Form type: 4
Filing time: 09 May 2023, 18:43:39 UTC
Previous filing: 10 Apr 2023
Next filing: 07 Jun 2023
SEC: View on sec.gov

Key filing fact

Mark D. Papermaster filed Form 4 for ADVANCED MICRO DEVICES INC (AMD) on 09 May 2023.

Key facts

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: 09 May 2023, 18:43.

Change

Previous filing in this sequence was filed on 10 Apr 2023.
Current net transaction value: -$2,344,800.

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.

See Original Filing

Transactions Table

AMD transaction

Common Stock

Options Exercise

Transaction value: $209,400
Shares: +30,000
Change %: +2%
Price: $6.98^*
Shares after: 1,546,945
Date: 05 May 2023
Ownership: Direct
Footnotes: F1

AMD transaction

Common Stock

Sale

Transaction value: $2,554,200
Shares: -30,000
Change %: -1.9%
Price: $85.14
Shares after: 1,516,945
Date: 05 May 2023
Ownership: Direct
Footnotes: F2, F3

AMD transaction

Common Stock

Gift

Transaction value: $0
Shares: -3,700
Change %: -0.24%
Price: $0.000000
Shares after: 1,513,245
Date: 09 May 2023
Ownership: Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

AMD transaction Derivative

Stock Option Grant

Options Exercise

Transaction value: $0
Shares: -30,000
Change %: -33%
Price: $0.000000
Shares after: 61,701
Date: 05 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 30,000
Exercise price: $6.98
Footnotes: F4

* 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 $84.76 to $85.40 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	This option vested 33 1/3% on July 26, 2017 and 8 1/3% per quarter over the subsequent eight quarters.