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ADVANCED MICRO DEVICES INC — Director's Dealing 2024
Aug 13, 2024
29764_dirs_2024-08-13_6ce9e153-0409-4284-a244-377c078d4909.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: 2024-08-09
Reporting Person: Su Lisa T (Director, Chair, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-09 | Common Stock | M | 32215 | — | Acquired | 2992881 | Direct |
| 2024-08-09 | Common Stock | M | 775194 | — | Acquired | 3768075 | Direct |
| 2024-08-09 | Common Stock | F | 12678 | $134.27 | Disposed | 3755397 | Direct |
| 2024-08-09 | Common Stock | F | 305039 | $134.27 | Disposed | 3450358 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-09 | Restricted Stock Units | $ | M | 15995 | Disposed | Common Stock (15995) | Direct | |
| 2024-08-09 | Restricted Stock Units | $ | M | 16220 | Disposed | Common Stock (16220) | Direct | |
| 2024-08-09 | Performance Stock Units | $ | M | 387597 | Disposed | Common Stock (775194) | Direct | |
| 2024-08-09 | PRSU Award | $ | A | 139304 | Acquired | Common Stock (139304) | Direct | |
| 2024-08-09 | Stock Option Grant | $134.27 | A | 91173 | Acquired | 2031-08-09 | Common Stock (91173) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 95725 | Indirect |
| Common Stock | 168601 | Indirect |
| Common Stock | 166017 | Indirect |
| Common Stock | 187787 | Indirect |
Footnotes
F1: Reflects the remaining shares delivered to the Reporting Person in settlement of the performance-based stock units ("PRSUs") earned and vested under the Value Creation Award granted to the Reporting Person on August 9, 2019 (the "VCA").
F2: The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of restricted stock units ("RSU").
F3: The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of PRSUs.
F4: Each RSU represents a contingent right to receive one share of AMD's common stock.
F5: The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.
F6: The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
F7: Reflects number of PRSUs under the VCA that were earned and vested at 200% of target.
F8: Between 0% and 200% of the target number of PRSUs 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 AMDs 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).
F9: 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 8, 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.
F10: The options vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.