ADVANCED MICRO DEVICES INC — Director's Dealing 2015

Aug 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED MICRO DEVICES INC (AMD)
CIK: 0000002488
Period of Report: 2015-08-15

Reporting Person: Norrod Forrest Eugene (SVP & GM EESC)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-15	Stock Option Grant	$1.84	A	500221	Acquired	2022-08-15	Common Stock (500221)	Direct
2015-08-15	PRSU Award	$	A	412082	Acquired		Common Stock (412082)	Direct

Footnotes

F1: This option vests 33 1/3% on August 15, 2016 and 8 1/3% per quarter over the next eight following quarters.

F2: Each performance-based restricted stock unit ("PRSU") represents a contingent right to receive one share of AMD's common stock.

F3: The number of PRSUs that may be earned is based on three-year compounded growth rate milestones related to AMD's closing stock price that may be attained within the three-year performance period that begins on August 15, 2015 and ends on August 15, 2018 (the 'Performance Period"), with the potential payout levels of PRSUs at 50%, 100%, 200% and 250% of the target number of PRSUs granted, provided however, no more than 50% of the PRSU Award shall vest on the first anniversary of the grant date and 50% shall vest at the end of the Performance Period, to the extent earned.