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ADVANCED MICRO DEVICES INC — Director's Dealing 2024
Dec 17, 2024
29764_dirs_2024-12-17_5f70d07f-f599-4fc6-9d9d-541da710f014.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: 2024-12-15
Reporting Person: Carter Philip Matthew (Chief Accounting Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-15 | RSU Award | $ | A | 8094 | Acquired | Common Stock (8094) | Direct | |
| 2024-12-15 | PRSU Award | $ | A | 2648 | Acquired | Common Stock (2648) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock.
F2: The RSUs vest 1/4 on each of December 15, 2025, 2026, 2027 and 2028.
F3: Between 0% and 200% of the target number of performance stock units ("PRSU") may be earned depending on (a) the return on AMD's stock price relative to the return on the S&P 500 Index over the performance period that begins August 9, 2024 and ends on August 9, 2027, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2025 fiscal year non-GAAP earnings per share exceeds AMD's 2024 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 9, 2027 (or the one-year anniversary of a change in control, if earlier).
F4: The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 3, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2027, or the date following the Committee's determination of performance.