VICTOR PENG - 25 Apr 2022 Form 4 Insider Report for ADVANCED MICRO DEVICES INC (AMD)

Role: President, AECG
Signature: /s/Linda Lam by Power of Attorney for Victor Peng
Issuer symbol: AMD
Transactions as of: 25 Apr 2022
Net transactions value: -$2,514,652
Form type: 4
Filing time: 03 May 2022, 16:19:05 UTC
Previous filing: 24 Mar 2022
Next filing: 14 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMD	Common Stock	Options Exercise	$0	+55,924	+41%	$0.000000	190,864	29 Apr 2022	Direct	F1, F2
transaction	AMD	Common Stock	Tax liability	$2,514,652	-27,728	-15%	$90.69	163,136	29 Apr 2022	Direct
holding	AMD	Common Stock						243,873	25 Apr 2022	Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AMD	Performance Stock Units	Award	$0	+111,849		$0.000000	111,849	25 Apr 2022	Common Stock	111,849		Direct	F2, F3, F4
transaction	AMD	Performance Stock Units	Options Exercise	$0	-55,924	-50%	$0.000000	55,925	29 Apr 2022	Common Stock	55,924		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares that were accelerated and issued in settlement of earned performance-based stock units ("PSUs") granted by Xilinx, Inc. ("Xilinx") on July 12, 2021 in accordance with the terms of the Reporting Person's offer letter.
F2	Pursuant to the Agreement and Plan of Merger dated as of October 26, 2020, by and among Advanced Micro Devices, Inc. ("AMD"), Thrones Merger Sub, Inc., and Xilinx, each share of Xilinx common stock issued and outstanding immediately prior to the effective time of the Merger was converted into the right to receive 1.7234 shares of AMD common stock. On February 13, 2022(the day prior to the Merger), the closing price of one share of AMD common stock was $125.34.
F3	Each performance stock unit represents a contingent right to receive one share of AMD's common stock.
F4	Reflects earned Xilinx PSUs granted July 12, 2021 that remain subject to service-vesting conditions in accordance with the terms of the Reporting Person's offer letter. The vesting of 55,924 units were accelerated on April 29, 2022 and the remaining units vest as follows, subject to continued service: 1/3 on each of July 12, 2022, 2023 and 2024.