0000002488-22-000127.txt : 20220811 0000002488-22-000127.hdr.sgml : 20220811 20220811174436 ACCESSION NUMBER: 0000002488-22-000127 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220809 FILED AS OF DATE: 20220811 DATE AS OF CHANGE: 20220811 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: 221157125 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: 1231 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_166025425765140.xml FORM 4 X0306 4 2022-08-09 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 2022-08-09 4 M 0 12196 0 A 236018 D Common Stock 2022-08-09 4 F 0 4801 95.54 D 231217 D Restricted Stock Units 2022-08-09 4 M 0 5945 0 D Common Stock 5945.0 0 D Restricted Stock Units 2022-08-09 4 M 0 3294 0 D Common Stock 3294.0 3294 D Restricted Stock Units 2022-08-09 4 M 0 2957 0 D Common Stock 2957.0 5917 D PRSU Award 2022-08-09 4 A 0 27806 0 A Common Stock 27806.0 27806 D RSU Award 2022-08-09 4 A 0 13903 0 A Common Stock 13903.0 13903 D Stock Option Grant 95.54 2022-08-09 4 A 0 29951 0 A 2029-08-09 Common Stock 29951.0 29951 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, 2020, 2021 and 2022. 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. Between 0% and 250% 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, 2022 and ends on August 9, 2025, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2024 fiscal year non-GAAP earnings per share exceeds AMDs 2022 fiscal year target 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, 2025 (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 6, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2025 or the date following the Compensation Committee's determination of performance. The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026. The options vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026. /s/Forrest Eugene Norrod 2022-08-11