ADVANCED MICRO DEVICES INC — Director's Dealing 2014

Aug 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED MICRO DEVICES INC (AMD)
CIK: 0000002488
Period of Report: 2014-08-12

Reporting Person: BYRNE JOHN (SVP, CSO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-12	Stock Option Grant	$4.08	A	392277	Acquired	2021-08-12	Common Stock (392277)	Direct
2014-08-12	RSU Award	$	A	152439	Acquired		Common Stock (152439)	Direct
2014-08-12	PRSU Award	$	A	304878	Acquired		Common Stock (304878)	Direct

Footnotes

F1: This option vests 33 1/3% on August 15, 2015 and 8 1/3% per quarter over the next eight following quarters.

F2: Each restricted stock unit represents a contingent right to receive one share of common stock.

F3: This award vests 33 1/3% on each of August 9, 2015, 2016 and 2017.

F4: Each PRSU represents a contingent right to receive between zero and two shares of common stock. The reported number of securities represents the target number of shares that may be earned, which will be adjusted by between 0% and 160% based upon the Company achieving certain pre-established target levels of adjusted non-GAAP operating income plus interest expense over a two-year performance period commencing on January 1, 2014 and ending on December 31, 2015. The target number of shares will then be adjusted by between 0% and 125% based on the Company's total shareholder return (TSR) relative to the TSR of the S&P 500 IT Sector over the performance period.

F5: The earned shares of common stock vest 50% on each of December 31, 2015 and 2016.