0000002488-20-000021.txt : 20200219 0000002488-20-000021.hdr.sgml : 20200219 20200219164319 ACCESSION NUMBER: 0000002488-20-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200215 FILED AS OF DATE: 20200219 DATE AS OF CHANGE: 20200219 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: 20630459 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: 1228 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_158214858173080.xml FORM 4 X0306 4 2020-02-15 0 0000002488 ADVANCED MICRO DEVICES INC AMD 0001768248 GRASBY PAUL DARREN 2485 AUGUSTINE DRIVE SANTA CLARA CA 95054 0 1 0 0 SVP & CSO, President EMEA Common Stock 2020-02-15 4 M 0 33985 0 A 61098 D Common Stock 2020-02-15 4 M 0 3861 0 A 64959 D Common Stock 2020-02-18 4 S 0 17922 54.90 D 47037 D Restricted Stock Units 2020-02-15 4 M 0 33985 0 D Common Stock 33985.0 33987 D Restricted Stock Units 2020-02-15 4 M 0 3861 0 D Common Stock 3861.0 7723 D PRSU Award 2020-02-15 4 A 0 39992 0 A Common Stock 39992.0 39992 D RSU Award 2020-02-15 4 A 0 39992 0 A Common Stock 39992.0 39992 D Represents shares automatically sold pursuant to an irrevocable sell to cover election to satisfy tax withholding obligations in connection with the vesting and settlement of the Reporting Person's Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of AMD's common stock. The RSUs vest 1/3 on each of February 15, 2019, 2020 and 2021. The RSUs vest 1/3 on each of February 15, 2020, 2021 and 2022. 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 that began on August 9, 2019 and ends on August 9, 2022, (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 2019 to 2021 fiscal years. Notwithstanding, the maximum number of PRSUs that may be earned is limited to (x) twelve 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, 2022 (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 ("Compensation Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 5, above. Earned and vested PRSUs will generally be settled on the later of August 16, 2022 or the date following the Compensation Committee's determination of performance. The RSUs vest 1/3 on each of February 15, 2021, 2022 and 2023. /s/Paul Darren Grasby 2020-02-19