0000002488-24-000131.txt : 20240813
0000002488-24-000131.hdr.sgml : 20240813
20240813161708
ACCESSION NUMBER: 0000002488-24-000131
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240809
FILED AS OF DATE: 20240813
DATE AS OF CHANGE: 20240813
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hu Jean X.
CENTRAL INDEX KEY: 0001452385
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07882
FILM NUMBER: 241201722
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]
ORGANIZATION NAME: 04 Manufacturing
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
wk-form4_1723580217.xml
FORM 4
X0508
4
2024-08-09
0
0000002488
ADVANCED MICRO DEVICES INC
AMD
0001452385
Hu Jean X.
2485 AUGUSTINE DRIVE
SANTA CLARA
CA
95054
0
1
0
0
EVP, CFO and Treasurer
0
Common Stock
2024-08-09
4
M
0
3303
0
A
42809
D
Common Stock
2024-08-09
4
F
0
1300
134.27
D
41509
D
Restricted Stock Units
2024-08-09
4
M
0
3303
0
D
Common Stock
3303
9910
D
PRSU Award
2024-08-09
4
A
0
31086
0
A
Common Stock
31086
31086
D
RSU Award
2024-08-09
4
A
0
10362
0
A
Common Stock
10362
10362
D
Stock Option Grant
134.27
2024-08-09
4
A
0
20345
0
A
2031-08-09
Common Stock
20345
20345
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 1/4 on each of August 9, 2024, 2025, 2026 and 2027.
Between 0% and 200% 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, 2024 and ends on August 9, 2027, (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2025 fiscal year non-GAAP earnings per share exceeds AMDs 2024 fiscal year 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, 2027 (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 (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 4, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2027, or the date following the Committee's determination of performance.
The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
The options vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
/s/Jean Hu
2024-08-12