SEC Form 4 · accession 0000002488-18-000003
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
Jan 3, 2018
Accepted (ET)
Jan 5, 2018 · 4:10 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 | Jan 3, 2018 | M | 37,500 | $1.84 | A | 743,772 | D | |
| Common StockF2,F3 | Jan 3, 2018 | S | 37,500 | $11.61 | D | 706,272 | D | |
| Common StockF2,F4 | Jan 3, 2018 | S | 25,000 | $11.61 | D | 681,272 | 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 GrantF5 | $1.84 | Jan 3, 2018 | M | 37,500 | D | — | Aug 15, 2022 | Common Stock | 37,500 | 295,981 | 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 15, 2017.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 15,2017.
- F3Transaction executed in multiple trades at prices ranging from $11.54 to $11.75 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.
- F4Transaction executed in multiple trades at prices ranging from $11.54 to $11.76 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.
- F5This option vested 33 1/3% on August 15, 2016 and vests 8 1/3% per quarter over the next eight following quarters.