0000002488-23-000159.txt : 20230811
0000002488-23-000159.hdr.sgml : 20230811
20230811162705
ACCESSION NUMBER: 0000002488-23-000159
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230809
FILED AS OF DATE: 20230811
DATE AS OF CHANGE: 20230811
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HUYNH JACK M
CENTRAL INDEX KEY: 0001979076
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07882
FILM NUMBER: 231164508
MAIL ADDRESS:
STREET 1: 2485 AUGUSTINE DRIVE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
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: 1230
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
wk-form4_1691785612.xml
FORM 4
X0508
4
2023-08-09
0
0000002488
ADVANCED MICRO DEVICES INC
AMD
0001979076
HUYNH JACK M
2485 AUGUSTINE DRIVE
SANTA CLARA
CA
95054
0
1
0
0
SVP & GM, Computing & Graphics
0
Common Stock
2023-08-09
4
M
0
6759
0
A
412979
D
Common Stock
2023-08-09
4
F
0
1647
110.47
D
411332
D
Restricted Stock Units
2023-08-09
4
M
0
1977
0
D
Common Stock
1977
0
D
Restricted Stock Units
2023-08-09
4
M
0
2610
0
D
Common Stock
2610
2611
D
Restricted Stock Units
2023-08-09
4
M
0
2172
0
D
Common Stock
2172
6517
D
PRSU Award
2023-08-09
4
A
0
21141
0
A
Common Stock
21141
21141
D
RSU Award
2023-08-09
4
A
0
7047
0
A
Common Stock
7047
7047
D
Stock Option Grant
110.47
2023-08-09
4
A
0
14196
0
A
2030-08-09
Common Stock
14196
14196
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, 2021, 2022 and 2023.
The RSUs vest 1/3 on each of August 9, 2022, 2023 and 2024.
The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
Between 0% and 200% of the target number of performance stock units ("PRSU") 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, 2023 and ends on August 9, 2026, (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 2023 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, 2026 (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 (the "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 15, 2026 or the date following the Committee's determination of performance.
The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.
The options vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.
/s/Jack M. Huynh
2023-08-10