23 unchanged sentences
Management has used the 2013 framework set forth in the report entitled “Internal Control—Integrated Framework” published by the Committee of Sponsoring Organizations of the Treadway Commission to evaluate the effectiveness of the Company’s internal control over financial reporting.
−Removed: Management has concluded that the
−Removed: Company’s internal control over financial reporting was effective as of December 26, 2020 at the reasonable assurance level.
+Added: Management has concluded that the Company’s internal control over financial reporting was effective as of December 25, 2021 at the reasonable assurance level.
Our independent registered public accounting firm, Ernst & Young LLP, has issued an attestation report on the Company’s internal control over financial reporting as of December 25, 2021, which is included in Part II, Item 8, above.
2 unchanged sentences
OTHER INFORMATION
+Added: DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS
+Added: Not applicable.
DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
4 unchanged sentences
The information under the captions “Directors’ Compensation and Benefits” (including “2021 Non-Employee Director Compensation”), “Compensation Discussion and Analysis,” “Compensation Policies and Practices,” “Executive Compensation” (including “2021 Summary Compensation Table,” “2021 Nonqualified Deferred Compensation,” “Outstanding Equity Awards at 2021 Fiscal Year-End,” “Grants of Plan-Based Awards in 2021” and “Option Exercises and Stock Vested in 2021) and “Severance and Change in Control Arrangements” in our 2022 Proxy Statement is incorporated herein by reference.
−Removed: SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
−Removed: RELATED STOCKHOLDER MATTERS
+Added: SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
The information under the captions “Principal Stockholders,” “Security Ownership of Directors and Executive Officers” and “Equity Compensation Plan Information” in our 2022 Proxy Statement is incorporated herein by reference.
7 unchanged sentences
Financial Statements
−Removed: The financial statements of AMD are set forth in Item 8 of this Annual Report on Form 10-K.
+Added: The financial statements of AMD are set forth in Item 8 of this Annual Report on Form 10-K, as indexed below.
+Added: Index to Consolidated Financial Statements
+Added: Consolidated Statements of Operations
+Added: Consolidated Statements of Comprehensive Income
+Added: Consolidated Balance Sheets
+Added: Consolidated Statements of Stockholders’ Equity
+Added: Consolidated Statements of Cash Flows
+Added: Notes to Consolidated Financial Statements
+Added: Report s of Independent Registered Public Accounting Firm (PCAOB ID:
All schedules have been omitted because the information is not required, is not applicable, or is included in the Notes to the Consolidated Financial Statements.
116 unchanged sentences
Inc., dated January 28, 2019, filed as Exhibit 10.1 to AMD’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 30, 2019, is hereby incorporated by reference.
−Removed: 10.58 Company-Provided Business Aircraft Usage and Commercial Travel by Personal Guests Policy revised as of January 25, 2021.
+Added: 10.58 Company-Provided Business Aircraft Usage and Commercial Travel by Personal Guests Policy revised as of January 25, 2021 , filed as Exhibit 10.58 to AMD ’ s Annual R eport on Form 10-K for the fiscal year ended December 26, 2020, is hereby inco rporated by reference.
+Added: *10.59 Form of Performance-based Restricted Stock Unit Agreement for Senior Vice Presidents and Above under the 2004 Equity Incentive Plan, filed as Exhibit 10.1 to AMD’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 26, 2021, is hereby incorporated by reference.
+Added: *10.60 Form of Restricted Stock Unit Agreement for Senior Vice Presidents and Above under the 2004 Equity Incentive Plan, filed as Exhibit 10.2 to AMD’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 26, 2021, is hereby incorporated by reference.
+Added: *10.61 Form of Stock Option Agreement for Senior Vice Presidents and Above under the 2004 Equity Incentive plan, filed as Exhibit 10.3 to AMD’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 26, 2021, is hereby incorporated by reference.
+Added: ***10.62 Amended and Restated Wafer Supply Agreement Amendment No.
+Added: 7, among Advanced Micro Devices, Inc., GLOBALFOUNDRIES, Inc.
+Added: and GLOBALFOUNDRIES U.S.
+Added: Inc., dated as of May 12, 2021, filed as Exhibit 10.4 to AMD’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 26, 2021, is hereby incorporated by reference.
+Added: ***10.63 First Amendment to Amended and Restated Wafer Supply Agreement No.
+Added: 7, among Advanced Micro Devices, Inc., GLOBALFOUNDRIES, Inc.
+Added: and GLOBALFOUNDRIES U.S.
+Added: Inc., dated December 23, 2021.
21 List of AMD subsidiaries.
21 unchanged sentences
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
−Removed: January 29, 2021 A DVANCED M ICRO D EVICES , I NC .
+Added: February 3, 2022 A DVANCED M ICRO D EVICES , I NC .
/s/ Devinder Kumar
4 unchanged sentences
Su President and Chief Executive Officer
−Removed: (Principal Executive Officer), Director January 29, 2021
+Added: (Principal Executive Officer), Director February 3, 2022
/s/Devinder Kumar Executive Vice President, Chief Financial Officer and Treasurer
−Removed: (Principal Financial Officer) January 29, 2021
+Added: (Principal Financial Officer) February 3, 2022
Devinder Kumar
−Removed: /s/Darla Smith Corporate Vice President, Chief Accounting Officer (Principal Accounting Officer) January 29, 2021
−Removed: * Director, Chairman of the Board January 29, 2021
−Removed: * Director January 29, 2021
−Removed: Dermot Mark Durcan January 29, 2021
−Removed: * Director January 29, 2021
−Removed: * Director January 29, 2021
−Removed: * Director January 29, 2021
−Removed: * Director January 29, 2021
+Added: /s/Darla Smith Corporate Vice President, Chief Accounting Officer (Principal Accounting Officer) February 3, 2022
+Added: * Director, Chairman of the Board February 3, 2022
+Added: * Director February 3, 2022
+Added: * Director February 3, 2022
+Added: Dermot Mark Durcan
+Added: * Director February 3, 2022
+Added: * Director February 3, 2022
+Added: * Director February 3, 2022
+Added: * Director February 3, 2022
/s/Devinder Kumar
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.