UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

April 26, 2017

Date of Report (Date of earliest event reported)

 

 

ADVANCED MICRO DEVICES, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-07882   94-1692300

(State of

Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

One AMD Place

Sunnyvale, California 94085

(Address of principal executive offices) (Zip Code)

(408) 749-4000

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§203.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 5.07 Submission of Matters to a Vote of Security Holders.

On April 26, 2017, Advanced Micro Devices, Inc. (the “Company”) held its 2017 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders voted on the following six proposals, each of which is described in detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 8, 2017 (the “Proxy”):

Proposal No. 1: Election of Directors. The following individuals were elected to the Company’s Board of Directors (the “Board”):

 

     For      Against      Abstain      Broker Non-votes  

John E. Caldwell

     507,309,645        1,600,532        1,463,873        256,893,663  

Nora M. Denzel

     490,621,520        18,351,884        1,400,646        256,893,663  

Nicholas M. Donofrio

     491,339,710        17,577,126        1,457,214        256,893,663  

Joseph A. Householder

     507,792,151        1,038,928        1,542,971        256,893,663  

Michael J. Inglis

     507,241,677        1,619,262        1,513,111        256,893,663  

John W. Marren

     507,642,026        1,240,219        1,491,805        256,893,663  

Lisa T. Su

     508,864,170        752,720        757,160        256,893,663  

Ahmed Yahia

     504,813,014        3,994,783        1,566,253        256,893,663  

Proposal No. 2: Ratification of the Appointment of the Independent Registered Public Accounting Firm. The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 30, 2017.

 

For

  

Against

  

Abstain

  

Broker Non-votes

758,250,913

   4,543,848    4,472,952    —  

Proposal No. 3: Approval of the Amendment and Restatement of the Advanced Micro Devices, Inc. 2004 Equity Incentive Plan. The Company’s stockholders approved the amendment and restatement of the Advanced Micro Devices, Inc. 2004 Equity Incentive Plan as disclosed in the Proxy.

 

For

  

Against

  

Abstain

  

Broker Non-votes

467,279,271

   41,079,957    2,014,822    256,893,663

Proposal No. 4: Approval of the Advanced Micro Devices, Inc. 2017 Employee Stock Purchase Plan. The Company’s stockholders approved the Advanced Micro Devices, Inc. 2017 Employee Stock Purchase Plan as disclosed in the Proxy.

 

For

  

Against

  

Abstain

  

Broker Non-votes

500,075,539

   9,180,836    1,117,675    256,893,663


Proposal No. 5: Approval on a Non-Binding, Advisory Basis of the Compensation of the Company’s Named Executive Officers (“Say-on-Pay”). The Company’s stockholders approved, on a non-binding basis, the compensation of the Company’s named executive officers as disclosed in the Proxy.

 

For

  

Against

  

Abstain

  

Broker Non-votes

474,476,023

   33,627,730    2,270,297    256,893,663

Proposal No. 6: Approval on a Non-Binding, Advisory Basis Whether the Say-on-Pay Vote Should Occur Every Year, Every Two Years or Every Three Years. The Company’s stockholders recommended, on a non-binding basis, that the stockholder advisory vote on compensation paid to the Company’s named executive officers should continue to occur every year.

 

1 Year

  

2 Years

  

3 Years

  

Abstain

  

Broker Non-votes

454,289,164

   5,655,121    48,732,843    1,696,922    256,893,663

Based on these results, the Board has decided that the Company will continue to hold a non-binding advisory vote on the compensation of the Company’s named executive officers every year. The Company is required to hold a stockholder advisory vote on frequency at least once every six years.


SIGNATURE

Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: April 28, 2017     ADVANCED MICRO DEVICES, INC.
    By:  

/s/ Harry A. Wolin

    Name:   Harry A. Wolin
    Title:   Senior Vice President and General Counsel