Ava Hahn - Feb 15, 2024 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role
SVP, GC & Corporate Secretary
Signature
/s/Ava Hahn
Stock symbol
AMD
Transactions as of
Feb 15, 2024
Transactions value $
$0
Form type
4
Date filed
2/20/2024, 04:42 PM
Previous filing
Feb 20, 2024
Next filing
Aug 13, 2024

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 PRSU Award Award $0 +9.07K $0.00 9.07K Feb 15, 2024 Common Stock 9.07K Direct F1, F2
transaction AMD RSU Award Award $0 +9.07K $0.00 9.07K Feb 15, 2024 Common Stock 9.07K Direct F3, F4
transaction AMD RSU Award Award $0 +36.3K $0.00 36.3K Feb 15, 2024 Common Stock 36.3K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 2023 and ends on August 9, 2026, (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 2023 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, 2026 (or the one-year anniversary of a change in control, if earlier).
F2 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 1, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2026 or the date following the Committee's determination of performance.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock.
F4 The RSUs vest 1/4 on each of February 15, 2025, 2026, 2027 and 2028.
F5 The RSUs vest in three tranches: (1) 6,047 on September 15, 2024; (2) 12,095 on January 15, 2025; and (3) 18,142 on January 15, 2026.