Forrest Eugene Norrod - 09 Aug 2024 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Aug 2024, 16:28:11 UTC
Prior SEC filing
29 Jul 2024
Next SEC filing
19 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Forrest Eugene Norrod

Key filing fact

Forrest Eugene Norrod filed Form 4 for ADVANCED MICRO DEVICES INC (AMD) on 13 Aug 2024.

Key facts

  • This page summarizes Forrest Eugene Norrod's Form 4 filing for ADVANCED MICRO DEVICES INC (AMD).
  • 8 reported transactions and 6 derivative rows are listed below.
  • Accepted by SEC: 13 Aug 2024, 16:28.

Change

  • Previous filing in this sequence was filed on 29 Jul 2024.
  • Current net transaction value: -$491,428.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AMD transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+9,297
Change %
+3.5%
Price
$0.000000
Shares after
275,478
Date
09 Aug 2024
Ownership
Direct
AMD transaction

Common Stock

Tax liability

Transaction value
$491,428
Shares
-3,660
Change %
-1.3%
Price
$134.27
Shares after
271,818
Date
09 Aug 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AMD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,959
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,959
Exercise price
Footnotes
F2, F3
AMD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,476
Change %
-33%
Price
$0.000000
Shares after
6,952
Date
09 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,476
Exercise price
Footnotes
F2, F4
AMD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,862
Change %
-25%
Price
$0.000000
Shares after
8,589
Date
09 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,862
Exercise price
Footnotes
F2, F5
AMD transaction Derivative

PRSU Award

Award

Transaction value
$0
Shares
+27,200
Change %
Price
$0.000000
Shares after
27,200
Date
09 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
27,200
Exercise price
Footnotes
F6, F7
AMD transaction Derivative

RSU Award

Award

Transaction value
$0
Shares
+9,066
Change %
Price
$0.000000
Shares after
9,066
Date
09 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,066
Exercise price
Footnotes
F2, F8
AMD transaction Derivative

Stock Option Grant

Award

Transaction value
$0
Shares
+17,802
Change %
Price
$0.000000
Shares after
17,802
Date
09 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
17,802
Exercise price
$134.27
Footnotes
F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote 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").

Footnote F2

Each RSU represents a contingent right to receive one share of AMD's common stock.

Footnote F3

The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.

Footnote F4

The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.

Footnote F5

The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.

Footnote 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, 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).

Footnote 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, 2027, or the date following the Committee's determination of performance.

Footnote F8

The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.

Footnote F9

The options vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.

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