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ADVANCED MICRO DEVICES INC — Director's Dealing 2015
Aug 18, 2015
29764_dirs_2015-08-18_ada89abb-2308-4423-a5e4-4c655731b291.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: 2015-08-15
Reporting Person: Su Lisa T (Director, President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-08-15 | PRSU Award | $ | A | 1236246 | Acquired | Common Stock (1236246) | Direct |
Footnotes
F1: Each performance-based restricted stock unit ("PRSU") represents a contingent right to receive one share of AMD's common stock.
F2: 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.