AMD DEF 14A: Executive Compensation & Equity Awards Detailed
Ticker: AMD · Form: DEF 14A · Filed: 2024-03-25T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, equity-awards, corporate-governance
Related Tickers: AMD
TL;DR
AMD's 2023 DEF 14A is out, detailing exec pay and stock awards. Focus on PEO vs. Non-PEO equity changes.
AI Summary
Advanced Micro Devices Inc. (AMD) filed its DEF 14A on March 25, 2024, for the fiscal year ending December 30, 2023. The filing details executive compensation and other corporate governance matters. Key financial data presented includes figures related to equity awards granted, vested, and forfeited during fiscal year 2023, with specific breakdowns for PEO and Non-PEO members.
Why It Matters
This filing provides crucial insights into how Advanced Micro Devices compensates its top executives and manages equity awards, which can impact shareholder value and company performance.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) detailing executive compensation and corporate governance, not indicating new financial distress or significant operational changes.
Key Numbers
- 2023 — Fiscal Year (Reporting period for executive compensation and equity award details.)
- 20240325 — Filing Date (Date the DEF 14A was submitted to the SEC.)
Key Players & Entities
- ADVANCED MICRO DEVICES INC (company) — Filer
- 20240325 (date) — Filing Date
- 2023-12-30 (date) — Fiscal Year End
- 2023-01-01 (date) — Fiscal Year Start
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.
When did Advanced Micro Devices' fiscal year end for the period covered by this filing?
The fiscal year end for the period covered by this filing was December 30, 2023.
What specific financial data related to equity awards is detailed in the filing?
The filing details adjustments, incremental costs associated with modifications of outstanding vested stock options, fair value of awards forfeited, and year-over-year changes in the fair value of equity awards granted prior to fiscal 2023 that vested or remained unvested during fiscal 2023.
Who are the key individuals or groups whose compensation is detailed?
The filing details compensation for PEO (Principal Executive Officer) and Non-PEO Neo members, referring to executive officers.
What is the filing number for this DEF 14A?
The SEC file number for this DEF 14A filing is 001-07882.
From the Filing
0001193125-24-076513.txt : 20240325 0001193125-24-076513.hdr.sgml : 20240325 20240325162022 ACCESSION NUMBER: 0001193125-24-076513 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 44 CONFORMED PERIOD OF REPORT: 20240508 FILED AS OF DATE: 20240325 DATE AS OF CHANGE: 20240325 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED MICRO DEVICES INC CENTRAL INDEX KEY: 0000002488 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 941692300 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-07882 FILM NUMBER: 24779478 BUSINESS ADDRESS: STREET 1: 2485 AUGUSTINE DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: (408) 749-4000 MAIL ADDRESS: STREET 1: 2485 AUGUSTINE DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 DEF 14A 1 d653280ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0000002488 0000002488 2023-01-01 2023-12-30 0000002488 2021-12-26 2022-12-31 0000002488 2019-12-29 2020-12-26 0000002488 2020-12-27 2021-12-25 0000002488 amd:TotalAdjustmentsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000002488 amd:TotalAdjustmentsMember ecd:PeoMember 2023-01-01 2023-12-30 0000002488 amd:ForIncrementalCostAssociatedWithModificationOfOutstandingVestedStockOptionsInFiscal2023Member ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000002488 amd:FairValueOfAnyAwardsOutstandingAsOfEndOfFiscal2022ThatWereForfeitedDuringFiscal2023Member ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000002488 amd:YearOverYearChangeInFairValueOfEquityAwardsGrantedPriorToFiscal2023ThatVestedDuringFiscal2023Member ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000002488 amd:YearOverYearChangeInFairValueOfEquityAwardsGrantedPriorToFiscal2023ThatVestedDuringFiscal2023Member ecd:PeoMember 2023-01-01 2023-12-30 0000002488 amd:YearOverYearChangeInFairValueOfEquityAwardsGrantedPriorToFiscal2023ThatAreUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000002488 amd:YearOverYearChangeInFairValueOfEquityAwardsGrantedPriorToFiscal2023ThatAreUnvestedAsOfYearEndMember ecd:PeoMember 2023-01-01 2023-12-30 0000002488 amd:YearEndFairValueOfEquityAwardsGrantedDuringFiscalYear2023ThatAreUnvestedAsOfFiscalYearEndMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000002488 amd:YearEndFairValueOfEquityAwardsGrantedDuringFiscalYear2023ThatAreUnvestedAsOfFiscalYearEndMember ecd:PeoMember 2023-01-01 2023-12-30 0000002488 amd:TheAmountsReportedForFiscal2023UnderTheStockAwardsAndOptionAwardsColumnsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-30 0000002488 amd:TheAmountsReportedForFiscal2023UnderTheStockAwardsAndOptionAwardsColumnsMember ecd:PeoMember 2023-01-01 2023-12-30 0000002488 5 2023-01-01 2023-12-30 0000002488 1 2023-01-01 2023-12-30 0000002488 2 2023-01-01 2023-12-30 0000002488 3 2023-01-01 2023-12-30 0000002488 4 2023-01-01 2023-12-30 iso4217:USD         UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.  )     Filed by the Registrant ☒        Filed by a Party other than the Registrant ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))   ☒ Definitive Proxy Statement   ☐ Definitive Additional Materials   ☐ Soliciting Material under Rule 14a-12 ADVANCED MICRO DEVICES, INC. (Name of registrant as specified in its charter)   (Name of person(s) filing proxy statement, if other than the registrant) Payment of Filing Fee (Check the appropriate box)   ☒   No fee required. ☐   Fee paid previously with preliminary materials. ☐   Fee computed on table in e