ADVANCED MICRO DEVICES INC — Director's Dealing 2011

Jan 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED MICRO DEVICES INC (AMD)
CIK: 0000002488
Period of Report: 2011-01-10

Reporting Person: MEYER DERRICK R (Former President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-10	Common Stock	M	706849	—	Acquired	1007472	Direct
2011-01-10	Common Stock	F	247087	$9.19	Disposed	760385	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-10	Restricted Stock Units	$0	M	66667	Disposed	2011-01-11	Common Stock (66667)	Direct
2011-01-10	Restricted Stock Units	$0	M	52667	Disposed	2015-08-15	Common Stock (52667)	Direct
2011-01-10	Restricted Stock Units	$0	M	300015	Disposed	2016-05-15	Common Stock (300015)	Direct
2011-01-10	Restricted Stock Units	$0	M	287500	Disposed	2017-05-15	Common Stock (287500)	Direct

Footnotes

F1: The acceleration of the vesting of Mr. Meyer's restricted stock units occurred in connection with Mr. Meyer's resignation as President, Chief Executive Officer and director of the Company, effective January 10, 2011 and pursuant to the terms of his employment agreement with the Company dated July 17, 2008 and his separation agreement and release dated January 10, 2011. Mr. Meyer will actually receive the resulting shares upon the effectiveness of the ADEA release per the terms of the separation agreement, which will be on January 18, 2011, assuming Mr. Meyer does not exercise his revocation rights under the separation agreement.

F2: Estimated using closing stock price of AMD common stock on January 10, 2011. Actual release of shares is expected to occur on January 18, 2011, the effective date of the ADEA release.