Jean X. Hu - 09 Aug 2024 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role
EVP, CFO and Treasurer
Signature
/s/Jean Hu
Issuer symbol
AMD
Transactions as of
09 Aug 2024
Net transactions value
-$174,551
Form type
4
Filing time
13 Aug 2024, 16:17:08 UTC
Previous filing
14 Jun 2024
Next filing
22 Aug 2024
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 +3,303 +8.4% $0.000000 42,809 09 Aug 2024 Direct
transaction AMD Common Stock Tax liability $174,551 -1,300 -3% $134.27 41,509 09 Aug 2024 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 -3,303 -25% $0.000000 9,910 09 Aug 2024 Common Stock 3,303 Direct F2, F3
transaction AMD PRSU Award Award $0 +31,086 $0.000000 31,086 09 Aug 2024 Common Stock 31,086 Direct F4, F5
transaction AMD RSU Award Award $0 +10,362 $0.000000 10,362 09 Aug 2024 Common Stock 10,362 Direct F2, F6
transaction AMD Stock Option Grant Award $0 +20,345 $0.000000 20,345 09 Aug 2024 Common Stock 20,345 $134.27 Direct F7
* 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 1/4 on each of August 9, 2024, 2025, 2026 and 2027.
F4 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, 2024 and ends on August 9, 2027, (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 2024 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, 2027 (or the one-year anniversary of a change in control, if earlier).
F5 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 4, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2027, or the date following the Committee's determination of performance.
F6 The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
F7 The options vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.