SEC Form 4 · accession 0000002488-16-000304
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
Dec 26, 2016
Accepted (ET)
Dec 28, 2016 · 6:19 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 | Dec 26, 2016 | M | 68,680 | $0.00 | A | 694,641 | D | |
| Common StockF1 | Dec 28, 2016 | S | 27,828 | $12.28 | D | 666,813 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSU AwardF2,F3 | $0.00 | Dec 26, 2016 | M | 68,680 | D | — | — | Common Stock | 68,680 | 137,361 | D |
Explanation of responses
- F1Represents shares automatically sold pursuant to an irrevocable sell to cover election to satisfy tax withholding obligations in connection with the Reporting Person's Restricted Stock Unit ("RSU") vesting.
- F2Each RSU represents a contingent right to receive one share of AMD's common stock.
- F3This RSU award vests 33 1/3% on each of December 26, 2016, 2017 and 2018.