0000002488-23-000161.txt : 20230811 0000002488-23-000161.hdr.sgml : 20230811 20230811162926 ACCESSION NUMBER: 0000002488-23-000161 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: GRASBY PAUL DARREN CENTRAL INDEX KEY: 0001768248 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07882 FILM NUMBER: 231164527 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_1691785757.xml FORM 4 X0508 4 2023-08-09 0 0000002488 ADVANCED MICRO DEVICES INC AMD 0001768248 GRASBY PAUL DARREN 2485 AUGUSTINE DRIVE SANTA CLARA CA 95054 0 1 0 0 EVP Strategic Partnerships 0 Common Stock 2023-08-09 4 M 0 11777 0 A 92719 D Common Stock 2023-08-09 4 F 0 5536 110.47 D 87183 D Restricted Stock Units 2023-08-09 4 M 0 3953 0 D Common Stock 3953 0 D Restricted Stock Units 2023-08-09 4 M 0 3480 0 D Common Stock 3480 3481 D Restricted Stock Units 2023-08-09 4 M 0 4344 0 D Common Stock 4344 13035 D PRSU Award 2023-08-09 4 A 0 17618 0 A Common Stock 17618 17618 D RSU Award 2023-08-09 4 A 0 35236 0 A Common Stock 35236 35236 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 1/2 on each of August 9, 2024 and 2025. /s/Linda Lam by Power of Attorney for Paul Darren Grasby 2023-08-11