0000002488-18-000136.txt : 20180813 0000002488-18-000136.hdr.sgml : 20180813 20180813161025 ACCESSION NUMBER: 0000002488-18-000136 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180809 FILED AS OF DATE: 20180813 DATE AS OF CHANGE: 20180813 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: 181012355 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: 1229 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 wf-form4_153419100886924.xml FORM 4 X0306 4 2018-08-09 0 0000002488 ADVANCED MICRO DEVICES INC AMD 0001622864 Norrod Forrest Eugene 2485 AUGUSTINE DRIVE SANTA CLARA CA 95054 0 1 0 0 SVP & GM DESG Common Stock 2018-08-09 4 M 0 45181 0 A 626453 D Common Stock 2018-08-10 4 S 0 18006 19.14 D 608447 D Restricted Stock Units 2018-08-09 4 M 0 32854 0 D Common Stock 32854.0 32864 D Restricted Stock Units 2018-08-09 4 M 0 12327 0 D Common Stock 12327.0 24655 D Stock Option Grant 19.1 2018-08-09 4 A 0 70332 0 A 2025-08-09 Common Stock 70332.0 70332 D RSU Award 2018-08-09 4 A 0 29103 0 A Common Stock 29103.0 29103 D PRSU Award 2018-08-09 4 A 0 58207 0 A Common Stock 58207.0 58207 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. 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 RSUs vest 1/3 each on August 9, 2018, 2019 and 2020. The options vest 1/3 on each of August 9, 2019, 2020 and 2021. The RSUs vest 1/3 on each of August 9, 2019, 2020 and 2021. Each performance based restricted stock unit ("PRSU") represents a contingent right to receive one share of AMD's common stock. Between 0% and 250% of the target number of PRSUs 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 (Performance Period) that begins August 9, 2018 and ends on August 9, 2021, (b) the absolute return on AMD's stock price over the Performance Period, and (c) AMD's non-GAAP earnings per share growth from its 2018 to 2020 fiscal years. Notwithstanding, the maximum number of PRSUs that may be earned is limited to (x) eight times the target value of the PRSU award, divided by (y) the closing price of AMD's stock on the last day of the Performance Period. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 9, 2021. The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee ("CLRC") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 7, above. Earned and vested PRSUs will generally be settled on the later of August 16, 2021 or the date following the CLRC's determination of performance. /s/Forrest Eugene Norrod 2018-08-13