MEYER DERRICK R 4

4 · ADVANCED MICRO DEVICES INC · Filed Jan 12, 2011

Form 4

Period: 2011-01-10

DirectorPresident & CEO

Transactions

Exercise/Conversion
Restricted Stock Units
2011-01-10−300,015→ 0 total
Exercise: $0.00From: 2011-01-10Exp: 2016-05-15→ Common Stock (300,015 underlying)
Exercise/Conversion
Common Stock
2011-01-10+706,849→ 1,007,472 total
Exercise/Conversion
Restricted Stock Units
2011-01-10−66,667→ 0 total
Exercise: $0.00From: 2011-01-10Exp: 2011-01-11→ Common Stock (66,667 underlying)
Tax Payment
Common Stock
2011-01-10$9.19/sh−247,087$2,270,730→ 760,385 total
Exercise/Conversion
Restricted Stock Units
2011-01-10−52,667→ 0 total
Exercise: $0.00From: 2011-01-10Exp: 2015-08-15→ Common Stock (52,667 underlying)
Exercise/Conversion
Restricted Stock Units
2011-01-10−287,500→ 0 total
Exercise: $0.00From: 2011-01-10Exp: 2017-05-15→ Common Stock (287,500 underlying)

Footnotes (2)

[F1]The acceleration of the vesting of Mr. Meyer's restricted stock units occurred in connection with Mr. Meyer's resignation as President, Chief Executive Officer and director of the Company, effective January 10, 2011 and pursuant to the terms of his employment agreement with the Company dated July 17, 2008 and his separation agreement and release dated January 10, 2011. Mr. Meyer will actually receive the resulting shares upon the effectiveness of the ADEA release per the terms of the separation agreement, which will be on January 18, 2011, assuming Mr. Meyer does not exercise his revocation rights under the separation agreement.
[F2]Estimated using closing stock price of AMD common stock on January 10, 2011. Actual release of shares is expected to occur on January 18, 2011, the effective date of the ADEA release.

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