Mark Papermaster - 09 Aug 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
09 Aug 2023
Net transactions value
-$567,926
Form type
4
Filing time
11 Aug 2023, 16:17:18 UTC
Previous filing
10 Jul 2023
Next filing
18 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $0 +15,178 +1% $0.000000 1,528,423 09 Aug 2023 Direct
transaction AMD Common Stock Tax liability $567,926 -5,141 -0.34% $110.47 1,523,282 09 Aug 2023 Direct F1

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 Restricted Stock Units Options Exercise $0 -4,744 -100% $0.000000* 0 09 Aug 2023 Common Stock 4,744 Direct F2, F3
transaction AMD Restricted Stock Units Options Exercise $0 -5,003 -50% $0.000000 5,003 09 Aug 2023 Common Stock 5,003 Direct F2, F4
transaction AMD RSU Award Options Exercise $0 -5,431 -25% $0.000000 16,293 09 Aug 2023 Common Stock 5,431 Direct F2, F5
transaction AMD PRSU Award Award $0 +47,568 $0.000000 47,568 09 Aug 2023 Common Stock 47,568 Direct F6, F7
transaction AMD RSU Award Award $0 +15,856 $0.000000 15,856 09 Aug 2023 Common Stock 15,856 Direct F2, F8
transaction AMD Stock Option Grant Award $0 +31,942 $0.000000 31,942 09 Aug 2023 Common Stock 31,942 $110.47 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of restricted stock units ("RSU").
F2 Each RSU represents a contingent right to receive one share of AMD's common stock.
F3 The RSUs vest 1/3 on each of August 9, 2021, 2022 and 2023.
F4 The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.
F5 The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
F6 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).
F7 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 6, 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.
F8 The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.
F9 The options vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.