Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AMD | PRSU Award | Award | $0 | +39.6K | $0.00 | 39.6K | Aug 9, 2023 | Common Stock | 39.6K | Direct | F1, F2 | ||
transaction | AMD | RSU Award | Award | $0 | +13.2K | $0.00 | 13.2K | Aug 9, 2023 | Common Stock | 13.2K | Direct | F3, F4 | ||
transaction | AMD | Stock Option Grant | Award | $0 | +26.6K | $0.00 | 26.6K | Aug 9, 2023 | Common Stock | 26.6K | $110.47 | Direct | F5 |
Id | Content |
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F1 | Between 0% and 200% of the target number of performance stock units ("PRSU") may be earned depending on (a) the return on AMD's stock price relative to the return on the S&P 500 Index over the performance period that begins August 9, 2023 and ends on August 9, 2026, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2025 fiscal year non-GAAP earnings per share exceeds AMDs 2023 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 9, 2026 (or the one-year anniversary of a change in control, if earlier). |
F2 | The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 1, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2026 or the date following the Committee's determination of performance. |
F3 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock. |
F4 | The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027. |
F5 | The options vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027. |