VICTOR PENG - 12 Jul 2023 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role
President, AMD
Signature
/s/Linda Lam by Power of Attorney for Victor Peng
Issuer symbol
AMD
Transactions as of
12 Jul 2023
Net transactions value
-$1,646,744
Form type
4
Filing time
14 Jul 2023, 16:09:20 UTC
Previous filing
13 Jun 2023
Next filing
10 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMD Common Stock Options Exercise $0 +30,491 $0.000000 30,491 12 Jul 2023 Direct
transaction AMD Common Stock Tax liability $1,646,744 -14,372 -47% $114.58 16,119 12 Jul 2023 Direct F1
holding AMD Common Stock 321,090 12 Jul 2023 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 Restricted Stock Units Options Exercise $0 -11,849 -33% $0.000000 23,697 12 Jul 2023 Common Stock 11,849 Direct F2, F3
transaction AMD Restricted Stock Units Options Exercise $0 -18,642 -50% $0.000000 18,642 12 Jul 2023 Common Stock 18,642 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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").
F2 Each RSU represents a contingent right to receive one share of AMD's common stock.
F3 The RSUs vest 1/4 on each of July 10, 2022, 2023, 2024 and 2025.
F4 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.