Mark Papermaster - May 15, 2024 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
Stock symbol
AMD
Transactions as of
May 15, 2024
Transactions value $
-$2,321,115
Form type
4
Date filed
5/17/2024, 04:09 PM
Previous filing
Apr 17, 2024
Next filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $208K +16.2K +1.04% $12.83* 1.57M May 15, 2024 Direct F1
transaction AMD Common Stock Sale -$530K -3.41K -0.22% $155.31 1.57M May 15, 2024 Direct F2, F3
transaction AMD Common Stock Sale -$1.88M -12K -0.77% $156.27 1.56M May 15, 2024 Direct F2, F4
transaction AMD Common Stock Sale -$117K -746 -0.05% $157.16 1.55M May 15, 2024 Direct F2, F5

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 -16.2K -32.96% $0.00 33K May 15, 2024 Common Stock 16.2K $12.83 Direct F6
* 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 15, 2023.
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 15, 2023.
F3 The reported price in Column 4 is a weighted average sale price applied to the transaction by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $154.77 to $155.75 per share, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average sale price applied to the transaction by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $155.89 to $156.83 per share, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average sale price applied to the transaction by the broker. These shares were sold as part of a block trade in multiple transactions at prices ranging from $157.05 to $157.30 per share, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The options vest 1/3 on each of August 9, 2018, 2019 and 2020.