Su Lisa T. - 09 Aug 2024 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Signature
/s/Linda Lam by Power of Attorney for Lisa T. Su
Issuer symbol
AMD
Transactions as of
09 Aug 2024
Net transactions value
-$42,659,862
Form type
4
Filing time
13 Aug 2024, 16:20:27 UTC
Previous filing
11 Jun 2024
Next filing
19 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $0 +32,215 +1.1% $0.000000 2,992,881 09 Aug 2024 Direct
transaction AMD Common Stock Options Exercise $0 +775,194 +26% $0.000000 3,768,075 09 Aug 2024 Direct F1
transaction AMD Common Stock Tax liability $1,702,275 -12,678 -0.34% $134.27 3,755,397 09 Aug 2024 Direct F2
transaction AMD Common Stock Tax liability $40,957,587 -305,039 -8.1% $134.27 3,450,358 09 Aug 2024 Direct F3
holding AMD Common Stock 95,725 09 Aug 2024 By Grantor Retained Annuity Trust 2021B
holding AMD Common Stock 168,601 09 Aug 2024 By Grantor Retained Annuity Trust 2021C
holding AMD Common Stock 166,017 09 Aug 2024 By Grantor Retained Annuity Trust LTS 2022 GRAT A
holding AMD Common Stock 187,787 09 Aug 2024 By Grantor Retained Annuity Trust LTS 2022 GRAT B

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 -15,995 -100% $0.000000* 0 09 Aug 2024 Common Stock 15,995 Direct F4, F5
transaction AMD Restricted Stock Units Options Exercise $0 -16,220 -33% $0.000000 32,442 09 Aug 2024 Common Stock 16,220 Direct F4, F6
transaction AMD Performance Stock Units Options Exercise $0 -387,597 -100% $0.000000* 0 09 Aug 2024 Common Stock 775,194 Direct F7
transaction AMD PRSU Award Award $0 +139,304 $0.000000 139,304 09 Aug 2024 Common Stock 139,304 Direct F8, F9
transaction AMD Stock Option Grant Award $0 +91,173 $0.000000 91,173 09 Aug 2024 Common Stock 91,173 $134.27 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the remaining shares delivered to the Reporting Person in settlement of the performance-based stock units ("PRSUs") earned and vested under the Value Creation Award granted to the Reporting Person on August 9, 2019 (the "VCA").
F2 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").
F3 The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of PRSUs.
F4 Each RSU represents a contingent right to receive one share of AMD's common stock.
F5 The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.
F6 The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
F7 Reflects number of PRSUs under the VCA that were earned and vested at 200% of target.
F8 Between 0% and 200% of the target number of PRSUs 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).
F9 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 8, 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.
F10 The options vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.