Mark Papermaster - Jul 6, 2023 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role
Chief Technology Officer & EVP
Signature
/s/ Linda Lam By Power of Attorney for Mark Papermaster
Stock symbol
AMD
Transactions as of
Jul 6, 2023
Transactions value $
-$3,313,103
Form type
4
Date filed
7/10/2023, 04:26 PM
Previous filing
Jun 7, 2023
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $221K +31.7K +2.09% $6.98* 1.54M Jul 6, 2023 Direct F1
transaction AMD Common Stock Sale -$1.2M -10.8K -0.7% $110.93 1.53M Jul 6, 2023 Direct F2, F3
transaction AMD Common Stock Sale -$2.05M -18.4K -1.2% $111.70 1.52M Jul 6, 2023 Direct F2, F4
transaction AMD Common Stock Sale -$279K -2.48K -0.16% $112.39 1.51M Jul 6, 2023 Direct F2, F5

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 Stock Option Grant Options Exercise $0 -31.7K -100% $0.00* 0 Jul 6, 2023 Common Stock 31.7K $6.98 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2022.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 17, 2022.
F3 Transaction executed in multiple trades at prices ranging from $110.33 to $111.32 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F4 Transaction executed in multiple trades at prices ranging from $111.33 to $112.32 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F5 Transaction executed in multiple trades at prices ranging from $112.34 to $112.49 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F6 This option vested 33 1/3% on July 26, 2017 and 8 1/3% per quarter over the subsequent eight quarters.