Form Type: 4

SEC EDGAR Link
Acccession Number:0000002488-19-000120
Date:2019-08-09
Issuer: ADVANCED MICRO DEVICES INC (AMD)
Original Submission Date:

Reporting Person:

GRASBY PAUL DARREN
2485 AUGUSTINE DRIVE
SANTA CLARA, CA 95054

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-08-09 M 30,982 a $0.00 53,961 direct
COMMON STOCK 2019-08-12 S 14,848 d $33.53 39,113 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2019-08-09 deemed execution date M 6,570 (d) common stock 6,570 $0.00 0 direct
RESTRICTED STOCK UNITS 0.0 2019-08-09 deemed execution date M 9,861 (d) common stock 9,861 $0.00 9,863 direct
RESTRICTED STOCK UNITS 0.0 2019-08-09 deemed execution date M 14,551 (d) common stock 14,551 $0.00 29,104 direct
PRSU AWARD 0.0 2019-08-09 deemed execution date A 34,108 (a) common stock 34,108 $0.00 34,108 direct
RSU AWARD 0.0 2019-08-09 deemed execution date A 17,054 (a) common stock 17,054 $0.00 17,054 direct
STOCK OPTION GRANT 34.19 2019-08-09 deemed execution date A 42,434 (a) 2026-08-09 common stock 42,434 $34.19 42,434 direct
Footnotes
IDfootnote
f1 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").
f2 the reported price in column 4 is the price applied to the reporting person's account by the broker and represents a weighted average sale price for a block sale.
f3 each rsu represents a contingent right to receive one share of amd's common stock.
f4 the rsus vest 1/3 on each of august 9, 2017, 2018 and 2019.
f5 the rsus vest 1/3 on each of august 9, 2018, 2019 and 2020.
f6 the rsus vest 1/3 on each of august 9, 2019, 2020 and 2021.
f7 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 begins 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).
f8 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 7, 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.
f9 the rsus vest 1/3 on each of august 9, 2020, 2021 and 2022.
f10 the options vest 1/3 on each of august 9, 2020, 2021 and 2022.

Elevate your investments