Forrest Eugene Norrod - Aug 15, 2025 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role
EVP & GM DESG
Signature
/s/Forrest Eugene Norrod
Stock symbol
AMD
Transactions as of
Aug 15, 2025
Transactions value $
-$1,880,896
Form type
4
Date filed
8/19/2025, 04:25 PM
Previous filing
Aug 12, 2025
Next filing
Sep 12, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Norrod Forrest Eugene EVP & GM DESG 2485 AUGUSTINE DRIVE, SANTA CLARA /s/Forrest Eugene Norrod 2025-08-18 0001622864

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $0 +26.9K +8.78% $0.00 333K Aug 15, 2025 Direct
transaction AMD Common Stock Tax liability -$1.88M -10.6K -3.18% $177.51 323K Aug 15, 2025 Direct

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 Performance Stock Units Options Exercise $0 -26.9K -100% $0.00 0 Aug 15, 2025 Common Stock 26.9K Direct F1, F2
transaction AMD Stock Option Grant Award $0 +19.9K $0.00 19.9K Aug 15, 2025 Common Stock 19.9K $177.51 Direct F3
transaction AMD PRSU Award Award $0 +29.3K $0.00 29.3K Aug 15, 2025 Common Stock 29.3K Direct F4, F5
transaction AMD RSU Award Award $0 +9.78K $0.00 9.78K Aug 15, 2025 Common Stock 9.78K Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance-based restricted stock unit ("PRSU") represents a contingent right to receive one share of AMD's common stock.
F2 Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on August 9, 2022.
F3 The options vest 1/4 on August 15, 2026 and then quarterly thereafter until August 15, 2029.
F4 Between 0% and 250% of the target number of PRSUs may be earned depending on (a) the return on AMD's stock price relative to the return of each of the component companies comprising the S&P 500 Index, subject to adjustments, over the performance period that begins August 15, 2025 and ends on August 15, 2028, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2027 fiscal year non-GAAP earnings per share exceeds AMDs 2025 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 15, 2028 (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, 2028, or the date following the Committee's determination of performance.
F6 Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock.
F7 The RSUs vest 1/4 on August 15, 2026 and then quarterly thereafter until August 15, 2029.