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ADVANCED MICRO DEVICES INC Director's Dealing 2008

Nov 19, 2008

29764_dirs_2008-11-18_ef5dbfdb-b0a7-4f6c-b06a-360481c00777.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED MICRO DEVICES INC (AMD)
CIK: 0000002488
Period of Report: 2008-11-15

Reporting Person: MEYER DERRICK R (Director, President & CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-11-15 Stock Option Grant $2.43 A 100000 Acquired 2015-11-15 Common Stock (100000) Direct
2008-11-15 Stock Option Grant $2.43 A 79000 Acquired 2015-11-15 Common Stock (79000) Direct
2008-11-15 Stock Option Grant $5.64 A 17500 Acquired 2015-08-15 Common Stock (17500) Direct

Footnotes

F1: This option vests 33 1/3% on 5/15/2009 then 8.33% quarterly for the next two years.

F2: This option vests 33 1/3% on 8/15/2009 then remaining shares vest 5.56% quarterly for the next three years.

F3: The second tranche of the reporting person's 2008 annual award, granted on August 15, 2008, was inadvertently short by 17,500 stock options. This award corrects the August grant and is granted at the August 15, 2008 exercise price of $5.64.