Advanced Micro Devices Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$AMD
Semiconductors
Technology
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
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(408 ) 749-4000
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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:
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 14, 2025, Advanced Micro Devices, Inc. (the "Company") held its 2025 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 28, 2025 (the "Proxy"):
Proposal No. 1: Election of Directors. All Directors were elected.
The Company's stockholders elected the eight director nominees listed below to serve on the Company’s Board of Directors:
| For | Against | Abstain | Broker Non-Votes | |||||||||||
| Nora M. Denzel | 864,946,906 | 23,441,610 | 5,583,305 | 296,420,260 | ||||||||||
| Michael P. Gregoire | 847,681,155 | 40,605,762 | 5,684,904 | 296,420,260 | ||||||||||
| Joseph A. Householder | 866,979,454 | 21,389,525 | 5,602,842 | 296,420,260 | ||||||||||
| John W. Marren | 883,988,236 | 4,409,850 | 5,573,735 | 296,420,260 | ||||||||||
Jon A. Olson | 884,242,157 | 4,130,804 | 5,598,860 | 296,420,260 | ||||||||||
| Lisa T. Su | 818,920,670 | 65,684,987 | 9,366,164 | 296,420,260 | ||||||||||
| Abhi Y. Talwalkar | 783,142,480 | 105,163,150 | 5,666,191 | 296,420,260 | ||||||||||
| Elizabeth W. Vanderslice | 867,934,417 | 20,608,209 | 5,429,195 | 296,420,260 | ||||||||||
Proposal No. 2: Ratification of the Appointment of the Independent Registered Public Accounting Firm. This appointment was ratified.
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 27, 2025.
| For | Against | Abstain | |||||||||
| 1,104,726,261 | 81,271,712 | 4,394,108 | |||||||||
Proposal No. 3: Approval on a Non-Binding, Advisory Basis of the Compensation of the Company's Named Executive Officers ("Say-on-Pay"). This proposal was approved.
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 | |||||||||||
| 760,451,927 | 127,503,584 | 6,016,310 | 296,420,260 | |||||||||||
Proposal No. 4: Approval of Amendment and Restatement of the Company’s Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) to Increase the Number of Authorized Shares of Common Stock from 2.25 Billion Shares to 4.0 Billion Shares. This proposal was approved.
The Company’s stockholders approved the amendment and restatement of the Certificate of Incorporation to increase the number of authorized shares of common stock from 2.25 billion shares to 4.0 billion shares.
| For | Against | Abstain | ||||||||||||
| 1,118,828,208 | 67,540,390 | 4,023,483 | ||||||||||||
Proposal No. 5: Approval of Amendment and Restatement of the Certificate of Incorporation to Limit the Liability of Certain Officers as Permitted by Delaware Law and to Make a Non-Substantive Change. This proposal was approved.
The Company’s stockholders approved the amendment and restatement of the Certificate of Incorporation to limit the liability of certain officers as permitted by Delaware law and to make a non-substantive change.
| For | Against | Abstain | Broker Non-Votes | |||||||||||
| 779,285,104 | 111,904,404 | 2,782,313 | 296,420,260 | |||||||||||
On May 15, 2025, the Company filed with the Secretary of State of the State of Delaware an Amended and Restated Certificate of Incorporation incorporating the approved amendments described under Proposal No. 4 and this Proposal No. 5, at which point the amendments became effective. A copy of the Amended and Restated Certificate of Incorporation is attached hereto as Exhibit 3.1 and incorporated herein by reference.
Proposal No. 6: Stockholder Proposal Requesting the Removal of the Holding Requirement to Call a Special Meeting. This proposal was not approved.
The Company’s stockholders did not approve the stockholder proposal requesting the removal of the holding requirement to call a special meeting.
| For | Against | Abstain | Broker Non-Votes | |||||||||||
| 107,902,188 | 780,071,102 | 5,998,531 | 296,420,260 | |||||||||||
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
EXHIBIT INDEX
| Exhibit No. | Description | |||||||
| 3.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: May 16, 2025 | ADVANCED MICRO DEVICES, INC. | ||||||||||||||||
By: | /s/ Ava Hahn | ||||||||||||||||
Name: | Ava Hahn | ||||||||||||||||
Title: | Senior Vice President, General Counsel and Corporate Secretary | ||||||||||||||||