0000002488-17-000186.txt : 20170811
0000002488-17-000186.hdr.sgml : 20170811
20170811174248
ACCESSION NUMBER: 0000002488-17-000186
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170809
FILED AS OF DATE: 20170811
DATE AS OF CHANGE: 20170811
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Norrod Forrest Eugene
CENTRAL INDEX KEY: 0001622864
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07882
FILM NUMBER: 171026264
MAIL ADDRESS:
STREET 1: 9507 GLENLAKE DRIVE
CITY: AUSTIN
STATE: TX
ZIP: 78730
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: 94085
BUSINESS PHONE: 4087495441
MAIL ADDRESS:
STREET 1: ONE AMD PLACE
STREET 2: MS 68
CITY: SUNNYVALE
STATE: CA
ZIP: 94085
4
1
wf-form4_150248775411642.xml
FORM 4
X0306
4
2017-08-09
0
0000002488
ADVANCED MICRO DEVICES INC
AMD
0001622864
Norrod Forrest Eugene
ONE AMD PLACE
SUNNYVALE
CA
94085
0
1
0
0
SVP & GM EESC
Common Stock
2017-08-09
4
M
0
32854
0
A
720657
D
Common Stock
2017-08-10
4
S
0
14196
12.46
D
706461
D
Restricted Stock Units
2017-08-09
4
M
0
32854
0
D
Common Stock
32854.0
65718
D
Stock Option Grant
12.83
2017-08-09
4
A
0
86894
0
A
2024-08-09
Common Stock
86894.0
86894
D
RSU Award
0.0
2017-08-09
4
A
0
36982
0
A
Common Stock
36982.0
36982
D
PRSU Award
0.0
2017-08-09
4
A
0
73964
0
A
Common Stock
73964.0
73964
D
Represents shares automatically sold pursuant to an irrevocable sell to cover election to satisfy tax withholding obligations in connection with the Reporting Person's Restricted Stock Unit ("RSU") vesting.
Transaction executed in multiple trades at prices ranging from $12.17 to $12.92 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 RSU represents a contingent right to receive one share of AMD's common stock.
The RSUs vest 1/3 on each of August 9, 2017, 2018 and 2019.
The options vest 1/3 on each of August 9, 2018, 2019 and 2020.
The RSUs vest 1/3 each on August 9, 2018, 2019 and 2020.
Each performance based restricted stock unit ("PRSU") represents a contingent right to receive one share of AMD's common stock. The number of PRSUs that may be earned is between 0% and 250% of the target number of PRSUs; provided that, the maximum number of PRSUs that may be earned is capped at the number equal to (i) eight times the target value of the PRSU award, divided by (ii) the closing price of the Company's stock on the last day of a three-year performance period ending on August 9, 2020 (the "Performance Period").
The actual number of PRSUs that may be earned, if at all, is contingent upon the achievement of pre-established performance metrics over the Performance Period. Earned and vested PRSUs will generally be settled on the later of August 15, 2020, or the date following the Compensation Committee's certification of performance.
/s/ Forrest Eugene Norrod
2017-08-11