0000002488-21-000130.txt : 20210811
0000002488-21-000130.hdr.sgml : 20210811
20210811162225
ACCESSION NUMBER: 0000002488-21-000130
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210809
FILED AS OF DATE: 20210811
DATE AS OF CHANGE: 20210811
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KUMAR DEVINDER
CENTRAL INDEX KEY: 0001558880
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07882
FILM NUMBER: 211163721
MAIL ADDRESS:
STREET 1: ONE AMD PLACE, MS 68
CITY: SUNNYVALE
STATE: CA
ZIP: 94088
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_162871331099961.xml
FORM 4
X0306
4
2021-08-09
0
0000002488
ADVANCED MICRO DEVICES INC
AMD
0001558880
KUMAR DEVINDER
2485 AUGUSTINE DRIVE
SANTA CLARA
CA
95054
0
1
0
0
EVP, CFO & Treasurer
Common Stock
2021-08-09
4
M
0
19816
0
A
494829
D
Common Stock
2021-08-09
4
F
0
9827
107.58
D
485002
D
Common Stock
2021-08-10
4
M
0
63045
1.84
A
548047
D
Common Stock
2021-08-10
4
S
0
36932
107.34
D
511115
D
Common Stock
2021-08-10
4
S
0
25549
108.24
D
485566
D
Common Stock
2021-08-10
4
S
0
564
109.02
D
485002
D
Restricted Stock Units
2021-08-09
4
M
0
10186
0
D
Common Stock
10186.0
0
D
Restricted Stock Units
2021-08-09
4
M
0
5942
0
D
Common Stock
5942.0
5945
D
Restricted Stock Units
2021-08-09
4
M
0
3688
0
D
Common Stock
3688.0
7379
D
PRSU Award
2021-08-09
4
A
0
18793
0
A
Common Stock
18793.0
18793
D
RSU Award
2021-08-09
4
A
0
9396
0
A
Common Stock
9396.0
9396
D
Stock Option Grant
107.58
2021-08-09
4
A
0
21939
0
A
2028-08-09
Common Stock
21939.0
21939
D
Stock Option Grant
1.84
2021-08-10
4
D
0
63045
0
D
2022-08-15
Common Stock
63045.0
0
D
The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2020.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2020.
Transaction executed in multiple trades at prices ranging from $106.88 to $107.87 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Transaction executed in multiple trades at prices ranging from $107.88 to $108.86 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Transaction executed in multiple trades at prices ranging from $108.88 to $109.16 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock.
The RSUs vest 1/3 on each of August 9, 2019, 2020 and 2021.
The RSUs vest 1/3 each on August 9, 2020, 2021 and 2022.
The RSUs vest 1/3 on each of August 9, 2021, 2022 and 2023.
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, 2021 and ends on August 9, 2024, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2023 fiscal year non-GAAP earnings per share exceeds AMDs 2021 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, 2024 (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 10, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2024 or the date following the Compensation Committee's determination of performance.
The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.
The options vest 1/3 on each of August 9, 2022, 2023 and 2024.
This option vested 33 1/3% on August 15, 2016 and 8 1/3% per quarter over the subsequent eight quarters.
Devinder Kumar
2021-08-10