Form 4 for AMD Advanced Micro Devices
Accepted 2023-08-11 00:00:00 ET · period of report 2023-08-09 · accession 0000002488-23-000161 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-08-11 | 2023-08-09 | AMD | GRASBY PAUL DARREN | EVP Strategic Partnerships | M - OptEx | $0.00 | +11.8K | 92.7K | +15% | $0 |
| D | 2023-08-11 | 2023-08-09 | AMD | GRASBY PAUL DARREN | EVP Strategic Partnerships | F - Tax | $110.47 | -5,536 | 87.2K | -6% | -$611.6K |
| DM | 2023-08-11 | 2023-08-09 | AMD | GRASBY PAUL DARREN | EVP Strategic Partnerships | M - OptEx | $0.00 | -11.8K | 0 | -100% | $0 |
| DM | 2023-08-11 | 2023-08-09 | AMD | GRASBY PAUL DARREN | EVP Strategic Partnerships | A - Grant | $0.00 | +52.9K | 35.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-09 | M | A | 11,777 | $0.00 | 92,719 | D | — | — | |
| 2 | Common | Common Stock | 2023-08-09 | F | D | 5,536 | $110.47 | 87,183 | D | — | — | (F1) 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"). |
| 3 | Derivative | Restricted Stock Units | 2023-08-09 | M | D | 4,344 | $0.00 | 13,035 | D | — · — to — | 4,344 Common Stock | (F2) Each RSU represents a contingent right to receive one share of AMD's common stock. (F5) The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026. |
| 4 | Derivative | Restricted Stock Units | 2023-08-09 | M | D | 3,480 | $0.00 | 3,481 | D | — · — to — | 3,480 Common Stock | (F2) 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, 2022, 2023 and 2024. |
| 5 | Derivative | Restricted Stock Units | 2023-08-09 | M | D | 3,953 | $0.00 | 0 | D | — · — to — | 3,953 Common Stock | (F2) Each RSU represents a contingent right to receive one share of AMD's common stock. (F3) The RSUs vest 1/3 on each of August 9, 2021, 2022 and 2023. |
| 6 | Derivative | PRSU Award | 2023-08-09 | A | A | 17,618 | $0.00 | 17,618 | D | — · — to — | 17,618 Common Stock | (F6) 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, 2023 and ends on August 9, 2026, (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 2023 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, 2026 (or the one-year anniversary of a change in control, if earlier). (F7) 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 6, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2026 or the date following the Committee's determination of performance. |
| 7 | Derivative | RSU Award | 2023-08-09 | A | A | 35,236 | $0.00 | 35,236 | D | — · — to — | 35,236 Common Stock | (F2) Each RSU represents a contingent right to receive one share of AMD's common stock. (F8) The RSUs vest 1/2 on each of August 9, 2024 and 2025. |