0000002488-16-000192.txt : 20160705
0000002488-16-000192.hdr.sgml : 20160705
20160705172036
ACCESSION NUMBER: 0000002488-16-000192
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160630
FILED AS OF DATE: 20160705
DATE AS OF CHANGE: 20160705
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ADVANCED MICRO DEVICES INC
CENTRAL INDEX KEY: 0000002488
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 941692300
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1227
BUSINESS ADDRESS:
STREET 1: ONE AMD PL
STREET 2: MS 68
CITY: SUNNYVALE
STATE: CA
ZIP: 94088-3453
BUSINESS PHONE: 4087495441
MAIL ADDRESS:
STREET 1: ONE AMD PLACE
STREET 2: MS 68
CITY: SUNNYVALE
STATE: CA
ZIP: 94088-3450
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WOLIN HARRY A
CENTRAL INDEX KEY: 0001273666
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07882
FILM NUMBER: 161751574
MAIL ADDRESS:
STREET 1: ONE AMD PLACE
CITY: SUNNYVALE
STATE: CA
ZIP: 94088
4
1
wf-form4_146775362397122.xml
FORM 4
X0306
4
2016-06-30
0
0000002488
ADVANCED MICRO DEVICES INC
AMD
0001273666
WOLIN HARRY A
ADVANCED MICRO DEVICES, INC.
ONE AMD PLACE
SUNNYVALE
CA
94088-3453
0
1
0
0
SVP & GC
Common Stock
2016-06-30
4
M
0
30468
0
A
465822
D
Common Stock
2016-06-30
4
F
0
8332
5.14
D
457490
D
Performance Stock Units
0.0
2016-06-30
4
A
0
30468
0
D
Common Stock
30468.0
0
D
Each PRSU represents a contingent right to receive between 0% and 200% of one share of common stock. The resulting number of shares acquired upon vesting of the PRSU is contingent upon the Company achieving certain pre-established target levels of Non-GAAP operating income plus interest expense over an 18-month performance period commencing on July 1, 2013 and ending on December 31, 2014 (Performance Period), with the initial maximum number of PRSUs that may be earned being equal to 160% of the initial target PRSUs and the initial minimum number of PRSUs that may be earned being equal to zero. Once the initial PRSU award amount is determined, the PRSUs will then be subject to adjustment based upon the Company's total shareholder return (TSR) relative to the TSR of the S&P 500 IT Sector over the Performance Period, with a maximum negative adjustment of 25% at the 25th percentile, no adjustment at the 50th percentile and a maximum positive adjustment of 125% at the 75th percentile.
The reported number of securities represents 37.5% of one-half of the initial target number of shares subject to the PRSU award made on July 22, 2013 that were earned as of the 18-month performance period ended December 31, 2014. One-half of the earned shares were settled on June 30, 2015 and the remaining one-half were settled on June 30, 2016.
/s/ Harry Wolin
2016-07-01