Mark Papermaster - 15 Jul 2024 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Signature
/s/ Linda Lam By Power of Attorney for Mark Papermaster
Issuer symbol
AMD
Transactions as of
15 Jul 2024
Net transactions value
-$2,876,503
Form type
4
Filing time
17 Jul 2024, 16:07:35 UTC
Previous filing
18 Jun 2024
Next filing
13 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $214,979 +16,756 +1.1% $12.83* 1,562,983 15 Jul 2024 Direct F1
transaction AMD Common Stock Sale $3,091,482 -16,756 -1.1% $184.50 1,546,227 15 Jul 2024 Direct F2

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 -16,756 -100% $0.000000* 0 15 Jul 2024 Common Stock 16,756 $12.83 Direct F3
* 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 exercises reported in this Form 4 were 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 options vest 1/3 on each of August 9, 2018, 2019 and 2020.