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

May 3, 2007

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

P.O. Box 3453
Sunnyvale, California 94088-3453

(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))

 



Item 1.01 Entry into a Material Definitive Agreement

On May 3, 2007, in connection with the retirement of Dr. Leonard M. Silverman from its Board of Directors, Advanced Micro Devices, Inc., or the Company, accelerated the vesting of all stock options held by Dr. Silverman. Options to purchase approximately 33,336 shares of the Company’s common stock became exercisable immediately.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On May 3, 2007, the date of the Company’s Annual Meeting of Stockholders, Dr. Silverman and Dr. James D. Fleck retired from the Company’s Board of Directors and did not stand for re-election.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  ADVANCED MICRO DEVICES, INC.
Date: May 8, 2007     By:   /s/ Faina Medzonsky
    Name: Faina Medzonsky
    Title: Assistant Secretary