SEC Form 4 · accession 0000002488-16-000278
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
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 6:22 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 | Nov 9, 2016 | M | 243,981 | $0.00 | A | 785,436 | D | |
| Common StockF1,F2 | Nov 10, 2016 | S | 109,475 | $6.51 | D | 675,961 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Nov 9, 2016 | M | 182,991 | D | — | — | Common Stock | 182,991 | 0 | D |
| Restricted Stock UnitsF3,F5 | — | Nov 9, 2016 | M | 60,990 | D | — | — | Common Stock | 60,990 | 61,010 | D |
Explanation of responses
- F1Represents the number of shares to satisfy tax withholding obligations in connection with Recipient's Restricted Stock Unit ("RSU") vesting.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.24 to $6.91 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Each RSU represents a contingent right to receive one share of common stock.
- F4This award vests 50% on each of November 9, 2015 and 2016.
- F5This award vests 33 1/3% on each of November 9, 2015, 2016 and 2017.