SEC Form 4 · accession 0000002488-15-000071
ADVANCED MICRO DEVICES INC · AMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Robert Anderson
Officer — SVP & GM, CGBG
Period of report
Nov 15, 2015
Accepted (ET)
Dec 4, 2015 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000002488
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PRSU AwardF2,F1 | — | Nov 15, 2015 | A | 471,475 | A | — | — | Common Stock | 471,475 | 471,475 | D |
Explanation of responses
- F1Each performance-based restricted stock unit ("PRSU") represents a contingent right to receive one share of AMD's common stock.
- F2The number of PRSUs that may be earned is based on a three-year compounded growth rate milestone related to AMD's closing stock price that may be attained within the three-year performance period that begins on August 15, 2015 and ends on August 15, 2018 (the "Performance Period"), with the potential payout levels of PRSUs at 50%, 100%, 200% and 250% of the target number of PRSUs granted, provided however, no more than 50% of the PRSU Award shall vest on the first anniversary of the grant date and 50% shall vest at the end of the Performance Period, to the extent earned.