Victor Peng - Apr 25, 2022 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role
President, AECG
Signature
/s/Linda Lam by Power of Attorney for Victor Peng
Stock symbol
AMD
Transactions as of
Apr 25, 2022
Transactions value $
-$2,514,652
Form type
4
Date filed
5/3/2022, 04:19 PM
Previous filing
Mar 24, 2022
Next filing
Jul 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $0 +55.9K +41.44% $0.00 191K Apr 29, 2022 Direct F1, F2
transaction AMD Common Stock Tax liability -$2.51M -27.7K -14.53% $90.69 163K Apr 29, 2022 Direct
holding AMD Common Stock 244K Apr 25, 2022 Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMD Performance Stock Units Award $0 +112K $0.00 112K Apr 25, 2022 Common Stock 112K Direct F2, F3, F4
transaction AMD Performance Stock Units Options Exercise $0 -55.9K -50% $0.00 55.9K Apr 29, 2022 Common Stock 55.9K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares that were accelerated and issued in settlement of earned performance-based stock units ("PSUs") granted by Xilinx, Inc. ("Xilinx") on July 12, 2021 in accordance with the terms of the Reporting Person's offer letter.
F2 Pursuant to the Agreement and Plan of Merger dated as of October 26, 2020, by and among Advanced Micro Devices, Inc. ("AMD"), Thrones Merger Sub, Inc., and Xilinx, each share of Xilinx common stock issued and outstanding immediately prior to the effective time of the Merger was converted into the right to receive 1.7234 shares of AMD common stock. On February 13, 2022(the day prior to the Merger), the closing price of one share of AMD common stock was $125.34.
F3 Each performance stock unit represents a contingent right to receive one share of AMD's common stock.
F4 Reflects earned Xilinx PSUs granted July 12, 2021 that remain subject to service-vesting conditions in accordance with the terms of the Reporting Person's offer letter. The vesting of 55,924 units were accelerated on April 29, 2022 and the remaining units vest as follows, subject to continued service: 1/3 on each of July 12, 2022, 2023 and 2024.