0000002488-20-000112.txt : 20200811
0000002488-20-000112.hdr.sgml : 20200811
20200811161921
ACCESSION NUMBER: 0000002488-20-000112
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200809
FILED AS OF DATE: 20200811
DATE AS OF CHANGE: 20200811
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Norrod Forrest Eugene
CENTRAL INDEX KEY: 0001622864
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07882
FILM NUMBER: 201092670
MAIL ADDRESS:
STREET 1: 9507 GLENLAKE DRIVE
CITY: AUSTIN
STATE: TX
ZIP: 78730
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: 1226
BUSINESS ADDRESS:
STREET 1: 2485 AUGUSTINE DRIVE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
BUSINESS PHONE: (408) 749-4000
MAIL ADDRESS:
STREET 1: 2485 AUGUSTINE DRIVE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
4
1
wf-form4_159717714653286.xml
FORM 4
X0306
4
2020-08-09
0
0000002488
ADVANCED MICRO DEVICES INC
AMD
0001622864
Norrod Forrest Eugene
2485 AUGUSTINE DRIVE
SANTA CLARA
CA
95054
0
1
0
0
SVP & GM DESG
Common Stock
2020-08-09
4
M
0
27971
0
A
705071
D
Common Stock
2020-08-09
4
F
0
11009
84.85
D
694062
D
Restricted Stock Units
2020-08-09
4
M
0
12328
0
D
Common Stock
12328.0
0
D
Restricted Stock Units
2020-08-09
4
M
0
9701
0
D
Common Stock
9701.0
9701
D
Restricted Stock Units
2020-08-09
4
M
0
5942
0
D
Common Stock
5942.0
11887
D
PRSU Award
2020-08-09
4
A
0
19762
0
A
Common Stock
19762.0
19762
D
RSU Award
2020-08-09
4
A
0
9881
0
A
Common Stock
9881.0
9881
D
Stock Option Grant
84.85
2020-08-09
4
A
0
21784
0
A
2027-08-09
Common Stock
21784.0
21784
D
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").
Each RSU represents a contingent right to receive one share of AMD's common stock.
The RSUs vest 1/3 on each of August 9, 2018, 2019 and 2020.
The RSUs vest 1/3 on each of August 9, 2019, 2020 and 2021.
The RSUs vest 1/3 on each of August 9, 2020, 2021 and 2022.
Between 0% and 250% 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, 2020 and ends on August 9, 2023, (b) the absolute return on AMD's stock price over the performance period, and (c) AMD's non-GAAP earnings per share growth from its 2020 to 2022 fiscal years. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 9, 2023 (or the one-year anniversary of a change in control, if earlier).
The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee ("Compensation Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 6, above. Earned and vested PRSUs will generally be settled on the later of August 16, 2023 or the date following the Compensation Committee's determination of performance.
The RSUs vest 1/3 on each of August 9, 2021, 2022 and 2023.
The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
/s/Forrest Eugene Norrod
2020-08-11