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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Advanced Micro Devices Inc | NASDAQ:AMD | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
5.80 | 3.62% | 166.23 | 166.23 | 166.25 | 166.7398 | 160.25 | 161.412 | 31,177,314 | 17:12:41 |
Delaware
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001-07882
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94-1692300
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(State of
Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification Number)
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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||||||
Common Stock, $0.01 par value
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AMD
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The Nasdaq Global Select Market
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Name and Title
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Old Annual Salary
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Annual Base Salary Effective July 1, 2021
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||||||||||||
Lisa T. Su, President and Chief Executive Officer
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$1,055,000
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$1,097,000
|
||||||||||||
Devinder Kumar, Executive Vice President, Chief Financial Officer and Treasurer
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$625,000
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$675,000
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||||||||||||
Rick Bergman, Executive Vice President, Computing and Graphics Business Group
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$600,000
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$625,000
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||||||||||||
Darren Grasby, Executive Vice President and Chief Sales Officer(1)
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$628,290 | $663,195 | ||||||||||||
Mark Papermaster, Chief Technology Officer and Executive Vice President, Technology and Engineering
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$675,000
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$725,000
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Name and Title
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Target Value
|
|||||||
Lisa T. Su, President and Chief Executive Officer
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$18,383,000
|
|||||||
Devinder Kumar, Executive Vice President, Chief Financial Officer and Treasurer
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$3,600,000
|
|||||||
Rick Bergman, Executive Vice President, Computing and Graphics Business Group
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$3,400,000
|
|||||||
Darren Grasby, Executive Vice President and Chief Sales Officer
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$4,000,000
|
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Mark D. Papermaster, Chief Technology Officer and Executive Vice President, Technology and Engineering
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$5,750,000
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(a)
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Each named executive officer will earn between 0% and 200% of his or her target number of PRSUs depending on the return on the Company’s stock price relative to the return on the S&P 500 Index, in each case over the performance period that begins on August 9, 2021 and ends on August 9, 2024 (or, if earlier, the date immediately preceding the effective date of a change of control (as defined in the 2004 Plan)) (as applicable, the “Performance Period”).
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(b)
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In addition, each named executive officer will earn a number of PRSUs equal to 0%, 25% or 50% of the number of PRSUs (if any) earned by such named executive officer under clause (a), above, depending on the Company’s non-GAAP earnings per share (“EPS”) for fiscal 2023 as compared to the Company’s fiscal 2021 target non-GAAP EPS.
If a change of control occurs before the Company reports its fiscal year 2023 earnings, but after the Company reports its fiscal year 2022 earnings, each named executive officer will earn 0%, 25%, or 50% of the number of PRSUs (if any) earned by such named executive officer under clause (a), above, based on the percentage by which the Company’s fiscal year 2022 non-GAAP EPS exceeds its fiscal year 2021 target non-GAAP EPS. If a change of control occurs before the Company reports its fiscal year 2022 earnings, no additional PRSUs will be earned by the named executive officers under this clause (b).
In no event, however, will the combined number of PRSUs earned by a named executive officer under clauses (a) and (b), above, exceed 250% of his or her target number of PRSUs.
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(c)
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If the return on the Company’s stock price over the Performance Period is negative, then the total number of PRSUs earned by each named executive officer pursuant to clauses (a) and (b), above, will be reduced by 50%.
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Date: June 24, 2021 |
ADVANCED MICRO DEVICES, INC.
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By:
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/s/ Harry Wolin
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Name:
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Harry A. Wolin
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||||||||||||||||
Title:
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Senior Vice President, General Counsel and Corporate Secretary
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1 Year Advanced Micro Devices Chart |
1 Month Advanced Micro Devices Chart |
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