0001558880-15-000003.txt : 20150702 0001558880-15-000003.hdr.sgml : 20150702 20150702181355 ACCESSION NUMBER: 0001558880-15-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150630 FILED AS OF DATE: 20150702 DATE AS OF CHANGE: 20150702 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: 1227 BUSINESS ADDRESS: STREET 1: ONE AMD PL STREET 2: MS 68 CITY: SUNNYVALE STATE: CA ZIP: 94088-3453 BUSINESS PHONE: 4087322400 MAIL ADDRESS: STREET 1: ONE AMD PLACE STREET 2: MS 68 CITY: SUNNYVALE STATE: CA ZIP: 94088-3450 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: 15971412 MAIL ADDRESS: STREET 1: ONE AMD PLACE, MS 68 CITY: SUNNYVALE STATE: CA ZIP: 94088 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2015-06-30 0000002488 ADVANCED MICRO DEVICES INC AMD 0001558880 KUMAR DEVINDER ADVANCED MICRO DEVICES, INC. ONE AMD PLACE SUNNYVALE CA 94088-3453 0 1 0 0 SVP, CFO & Treasurer Common Stock 2015-06-30 4 M 0 39843 0 A 322244 D Common Stock 2015-06-30 4 F 0 14973 2.40 D 307271 D Performance Stock Units 0 2015-06-30 4 A 0 39843 0 D Common Stock 39843 106250 D Each PRSU represents a contingent right to receive between 0% and 200% of one share of common stock. The resulting number of shares acquired upon vesting of the PRSU is contingent upon the Company achieving certain pre-established target levels of Non-GAAP operating income plus interest expense over an 18-month performance period commencing on July 1, 2013 and ending on December 31, 2014 (Performance Period), with the initial maximum number of PRSUs that may be earned being equal to 160% of the initial target PRSUs and the initial minimum number of PRSUs that may be earned being equal to zero. Once the initial PRSU award amount is determined, the PRSUs will then be subject to adjustment based upon the Company's total shareholder return (TSR) relative to the TSR of the S&P 500 IT Sector over the Performance Period, with a maximum negative adjustment of 25% at the 25th percentile, no adjustment at the 50th percentile and a maximum positive adjustment of 125% at the 75th percentile. The reported number of securities represents 37.5% of one-half of the initial target number of shares subject to the 2013 PRSUs that were earned as of the 18-month performance period ended December 31, 2014. The reported number of securities represents the remaining one-half of the initial target number of shares subject to the 2013 PRSUs, of which 37.5% was earned as of the 18-month performance period ended December 31, 2014 and will be settled on June 30, 2016, subject to the reporting person's continued employment with the Company through the settlement date, unless such reporting person's employment agreement or other agreement with the Company provides otherwise. Devinder Kumar 2015-07-02