0000002488-16-000270.txt : 20161104
0000002488-16-000270.hdr.sgml : 20161104
20161104191839
ACCESSION NUMBER: 0000002488-16-000270
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161102
FILED AS OF DATE: 20161104
DATE AS OF CHANGE: 20161104
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: 94085
BUSINESS PHONE: 4087495441
MAIL ADDRESS:
STREET 1: ONE AMD PLACE
STREET 2: MS 68
CITY: SUNNYVALE
STATE: CA
ZIP: 94085
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: 161976266
MAIL ADDRESS:
STREET 1: ONE AMD PLACE
CITY: SUNNYVALE
STATE: CA
ZIP: 94088
4
1
wf-form4_147830150691961.xml
FORM 4
X0306
4
2016-11-02
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
2016-11-02
4
M
0
334815
0
A
843281
D
Common Stock
2016-11-04
4
S
0
137165
6.61
D
706116
D
Performance Stock Units
0.0
2016-11-02
4
M
0
334815
0
D
Common Stock
334815.0
334815
D
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Reporting Person's Performance-based Restricted Stock Units ("PRSUs").
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.47 to $6.72 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The number of PRSUs that may be earned is based on a three-year compound annual growth rate milestone related to AMD's closing stock price that may be attained within the three-year performance period that began 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.
The reported number of securities represents 50% of the earned number of shares subject to the 2015 PRSUs, that were issuable on the date the Compensation and Leadership Resources Committee certified performance.
The reported number of securities represents the remaining 50% of the number of shares that will vest at the end of the Performance Period subject to the Reporting Person's continued employment.
/s/ Harry Wolin
2016-11-04