Victor Peng - Aug 9, 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
Aug 9, 2022
Transactions value $
$0
Form type
4
Date filed
8/11/2022, 06:02 PM
Previous filing
Jul 14, 2022
Next filing
Nov 4, 2022

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 PRSU Award Award $0 +52.1K $0.00 52.1K Aug 9, 2022 Common Stock 52.1K Direct F1, F2
transaction AMD RSU Award Award $0 +26.1K $0.00 26.1K Aug 9, 2022 Common Stock 26.1K Direct F3, F4
transaction AMD Stock Option Grant Award $0 +56.2K $0.00 56.2K Aug 9, 2022 Common Stock 56.2K $95.54 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 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 1, 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.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock.
F4 The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
F5 The options vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.