ADVANCED MICRO DEVICES INC — Director's Dealing 2017

Aug 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED MICRO DEVICES INC (AMD)
CIK: 0000002488
Period of Report: 2017-08-09

Reporting Person: Papermaster Mark D (Chief Technology Officer & SVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-09	Common Stock	M	83679	—	Acquired	1013763	Direct
2017-08-10	Common Stock	S	44105	$12.46	Disposed	969658	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-09	Restricted Stock Units	$	M	50807	Disposed		Common Stock (50807.0)	Direct
2017-08-09	Restricted Stock Units	$	M	32854	Disposed		Common Stock (32854.0)	Direct
2017-08-09	Stock Option Grant	$12.83	A	97756	Acquired	2024-08-09	Common Stock (97756.0)	Direct
2017-08-09	RSU Award	$	A	41605	Acquired		Common Stock (41605.0)	Direct
2017-08-09	PRSU Award	$	A	83210	Acquired		Common Stock (83210.0)	Direct

Footnotes

F1: Represents shares automatically sold pursuant to an irrevocable sell to cover election to satisfy tax withholding obligations in connection with the Reporting Person's Restricted Stock Unit ("RSU") vesting.

F2: Transaction executed in multiple trades at prices ranging from $12.17 to $12.92 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

F3: Each RSU represents a contingent right to receive one share of AMD's common stock.

F4: The RSUs vest 1/3 on each of August 9, 2015, 2016 and 2017.

F5: The RSUs vest 1/3 on each of August 9, 2017, 2018 and 2019.

F6: The options vest 1/3 on each of August 9, 2018, 2019 and 2020.

F7: This RSU award vests 1/3 each on August 9, 2018, 2019 and 2020.

F8: Each performance based restricted stock unit ("PRSU") represents a contingent right to receive one share of AMD's common stock. The number of PRSUs that may be earned is between 0% and 250% of the target number of PRSUs; provided that, the maximum number of PRSUs that may be earned is capped at the number equal to (i) eight times the target value of the PRSU award, divided by (ii) the closing price of the Company's stock on the last day of a three-year performance period ending on August 9, 2020 (the "Performance Period").

F9: The actual number of PRSUs that may be earned, if at all, is contingent upon the achievement of pre-established performance metrics over the Performance Period. Earned and vested PRSUs will generally be settled on the later of August 15, 2020, or the date following the Compensation Committee's certification of performance.