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