SEC Form 4 · accession 0000002488-17-000204
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
Sep 8, 2017
Accepted (ET)
Sep 12, 2017 · 4:41 pm EDT
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 | Sep 8, 2017 | M | 25,000 | $2.61 | A | 731,461 | D | |
| Common StockF2,F3 | Sep 8, 2017 | S | 25,000 | $12.26 | D | 706,461 | D | |
| Common StockF2,F3 | Sep 8, 2017 | S | 37,500 | $12.27 | D | 668,961 | 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 GrantF4 | $2.61 | Sep 8, 2017 | M | 25,000 | D | — | Nov 15, 2021 | Common Stock | 25,000 | 414,697 | D |
Explanation of responses
- F1The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 16, 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 16, 2016.
- F3The reported price in Column 4 is a weighted average price.These shares were sold in multiple transactions at prices ranging from $12.15 to $12.60 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.
- F4This option vested 33 1/3% on November 15, 2015 and vests 8 1/3% per quarter over the next eight following quarters.