SEC Form 4 · accession 0000002488-16-000109
ADVANCED MICRO DEVICES INC · AMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Forrest Eugene Norrod
Officer — SVP & GM EESC
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 2:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000002488
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 16, 2016 | M | 102,779 | $0.00 | A | 280,032 | D | |
| Common Stock | Feb 16, 2016 | F | 29,373 | $1.83 | D | 250,659 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PRSU AwardF3,F1,F2 | — | Feb 16, 2016 | M | 102,779 | D | — | — | Common Stock | 102,779 | 102,778 | D |
Explanation of responses
- F1Each performance-based restricted stock unit ("PRSU") represents a contingent right to receive one share of common stock, subject to achievement of the applicable performance metrics.
- F2The earned PRSU shares vest 50% on February 16, 2016 and 50% on February 11, 2017 subject to the reporting person's continued employment with the Company through the settlement date, unless such reporting person's employment agreement or other agreement with the Company provides otherwise.
- F3The reported number of securities represents the remaining one-half of earned PRSU shares subject to the PRSU Award. The remaining shares will vest subject to the reporting person's continued employment with the Company through the settlement date, unless such reporting person's employment agreement or other agreement with the Company provides otherwise.