Sec Form 4 Filing - PENG VICTOR @ ADVANCED MICRO DEVICES INC - 2022-04-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
PENG VICTOR
2. Issuer Name and Ticker or Trading Symbol
ADVANCED MICRO DEVICES INC [ AMD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, AECG
(Last) (First) (Middle)
2485 AUGUSTINE DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
04/25/2022
(Street)
SANTA CLARA, CA95054
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/29/2022 M 55,924( 1 )( 2 ) A $ 0 190,864 D
Common Stock 04/29/2022 F 27,728 D $ 90.69 163,136 D
Common Stock 243,873 I Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units ( 3 ) 04/25/2022 A 111,849( 2 ) ( 4 ) ( 4 ) Common Stock 111,849 $ 0 111,849 D
Performance Stock Units ( 3 ) 04/29/2022 M 55,924 ( 4 ) ( 4 ) Common Stock 55,924 $ 0 55,925 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PENG VICTOR
2485 AUGUSTINE DRIVE
SANTA CLARA, CA95054
President, AECG
Signatures
/s/Linda Lam by Power of Attorney for Victor Peng 05/03/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )Each performance stock unit represents a contingent right to receive one share of AMD's common stock.
( 4 )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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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