SEC Form 4 · accession 0000002488-17-000028
ADVANCED MICRO DEVICES INC · AMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Devinder Kumar
Officer — SVP, CFO & Treasurer
Period of report
Feb 8, 2017
Accepted (ET)
Feb 10, 2017 · 4:48 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 StockF1 | Feb 8, 2017 | M | 26,875 | $7.87 | A | 847,930 | D | |
| Common StockF1 | Feb 8, 2017 | M | 25,000 | $1.84 | A | 872,930 | D | |
| Common StockF2,F3 | Feb 8, 2017 | S | 109,875 | $13.455 | D | 763,055 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option Grant | $7.87 | Feb 8, 2017 | M | 26,875 | D | May 15, 2012 | Feb 15, 2017 | Common Stock | 26,875 | 0 | D |
| Stock Option GrantF4 | $1.84 | Feb 8, 2017 | M | 25,000 | D | — | Aug 15, 2022 | Common Stock | 25,000 | 475,221 | D |
Explanation of responses
- F1The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2016.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2016.
- F3Transaction executed in multiple trades at prices ranging from $13.09 to $13.66 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F4This option vested 33 1/3% on August 15, 2016 and then vests 8 1/3% per quarter over the next eight following quarters.