PT - Re: "I was surprised to see the AMD share dilution despite the significant repurchase "
You shouldn't be.
Look at what the AMD bandits were exercising and selling over the past 6 months:
20-Aug-01 ROBY, JOE L Director 24,000 AMD Acquired Shares via Exercise of Options at $6.07/Share. Paper gain of $201,360 at a fair market value of $14.46/share on 20-Aug-01. 16-Aug-01 BAUR, FRIEDRICH Director 8,871 AMD Sold at $14.65/Share. Proceeds of $129,996. 16-Aug-01 BAUR, FRIEDRICH Director 3,334 AMD Acquired Shares via Exercise of Options at $8.25/Share. Paper gain of $22,504 at a fair market value of $15.00/share on 16-Aug-01. 16-Aug-01 BAUR, FRIEDRICH Director 3,332 AMD Acquired Shares via Exercise of Options at $13.88/Share. Paper gain of $3,732 at a fair market value of $15.00/share on 16-Aug-01. 31-Jul-01 RIVET, ROBERT J Chief Financial Officer,Officer,Senior Vice President 393 AMD Accrued Through Plan at $15.52/Share. Cost of $6,100. 25-Jul-01 RIVET, ROBERT J Chief Financial Officer,Officer,Senior Vice President 2,943 AMD Surrendered Exercised Shares. Surrendered Value of $47,971. 25-Jul-01 RIVET, ROBERT J Chief Financial Officer,Officer,Senior Vice President 10,000 AMD Acquired Shares via Exercise of Options at $0.01/Share. Paper gain of $162,900 at a fair market value of $16.30/share on 25-Jul-01. 19-Jul-01 ANIXTER, BENJAMIN M Vice President 29,554 AMD Proposed Sale (Form 144) 25-May-01 MCCOY, THOMAS M Senior Vice President, General Counsel, Corporate Secretary 1,100 AMD Gave as Gift. Value of $35,134. 22-May-01 HERB, ROBERT R Executive Vice President, Chief Sales and Marketing Officer 50,000 AMD Acquired Shares via Exercise of Options at $10.69/Share. Paper gain of $1,165,000 at a fair market value of $33.99/share on 22-May-01. 22-May-01 WINVICK, STANLEY W Senior Vice President, Human Resources 25,000 AMD Sold at $34.00/Share. Proceeds of $850,000. 22-May-01 ANIXTER, BENJAMIN M Vice President, External Affairs 7,500 AMD Sold at $34.00/Share. Proceeds of $255,000. 22-May-01 WINVICK, STANLEY W Senior Vice President, Human Resources 25,000 AMD Acquired Shares via Exercise of Options at $8.19/Share. Paper gain of $645,000 at a fair market value of $33.99/share on 22-May-01. 22-May-01 HERB, ROBERT R Executive Vice President, Chief Sales and Marketing Officer 50,000 AMD Sold at $34.50/Share. Proceeds of $1,725,000. 22-May-01 ANIXTER, BENJAMIN M Vice President, External Affairs 3,000 AMD Acquired Shares via Exercise of Options at $5.94/Share. Paper gain of $84,150 at a fair market value of $33.99/share on 22-May-01. 22-May-01 ANIXTER, BENJAMIN M Vice President, External Affairs 4,500 AMD Acquired Shares via Exercise of Options at $9.19/Share. Paper gain of $111,600 at a fair market value of $33.99/share on 22-May-01. 21-May-01 SIEGLE, WILLIAM T Senior Vice President-Technology & Manufacturing Operations, Chief Scientist 5,218 AMD Gave as Gift. Value of $179,499. 21-May-01 SANDERS, WALTER JEREMIAH III Chairman of the Board,Chief Executive Officer,Officer and Director 100,000 AMD Acquired Shares via Exercise of Options at $7.38/Share. Paper gain of $2,702,000 at a fair market value of $34.40/share on 21-May-01. 21-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 10,000 AMD Sold at $32.85/Share. Proceeds of $328,500. 21-May-01 SANDERS, WALTER JEREMIAH III Chairman of the Board,Chief Executive Officer,Officer and Director 200,000 AMD Exercised Options at Average of $7.38/Share and Sold at $33.45/Share. Proceeds of $5,214,300. 21-May-01 ZELENCIK, STEPHEN J Senior Vice President - Market Development 38,000 AMD Sold at $33.50/Share. Proceeds of $1,273,000. 21-May-01 BLALACK, CHARLES MILLINGTON Director 6,000 AMD Acquired Shares via Exercise of Options at $9.38/Share. Paper gain of $150,120 at a fair market value of $34.40/share on 21-May-01. 21-May-01 MCCOY, THOMAS M Senior Vice President, General Counsel, Corporate Secretary 15,000 AMD Acquired Shares via Exercise of Options at $9.25/Share. Paper gain of $377,250 at a fair market value of $34.40/share on 21-May-01. 21-May-01 ZELENCIK, STEPHEN J Senior Vice President - Market Development 38,000 AMD Acquired Shares via Exercise of Options at $9.25/Share. Paper gain of $955,700 at a fair market value of $34.40/share on 21-May-01. 21-May-01 BLALACK, CHARLES MILLINGTON Director 6,000 AMD Sold at $33.20/Share. Proceeds of $199,200. 21-May-01 MCCOY, THOMAS M Senior Vice President, General Counsel, Corporate Secretary 20,000 AMD Sold at $33.00/Share. Proceeds of $660,000. 18-May-01 MCCOY, THOMAS M Senior Vice President, General Counsel, Corporate Secretary 10,000 AMD Exercised Options at $9.25/Share and Sold at $31.67/Share. Proceeds of $224,200. 17-May-01 MEYER, DERRICK R Divisional Officer, Group Vice President, Computation Products Group 17,500 AMD Exercised Options at Average of $11.26/Share and Sold at $31.54/Share. Proceeds of $354,825. 17-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 21,400 AMD Sold at $32.40 -- $32.50/Share. Proceeds of $694,360. 17-May-01 HERB, ROBERT R Executive Vice President, Chief Sales and Marketing Officer 50,000 AMD Acquired Shares via Exercise of Options at $9.25/Share. Paper gain of $1,115,000 at a fair market value of $31.55/share on 17-May-01. 17-May-01 ZELENCIK, STEPHEN J Senior Vice President - Market Development 25,000 AMD Exercised Options at $9.25/Share and Sold at $32.00/Share. Proceeds of $568,750. 17-May-01 ZELENCIK, STEPHEN J Senior Vice President - Market Development 63,000 AMD Proposed Sale (Form 144). Estimated proceeds of $2,016,000. 17-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 20,000 AMD Sold at $32.15/Share. Proceeds of $643,000. 17-May-01 ANIXTER, BENJAMIN M Vice President, External Affairs 4,054 AMD Acquired via Exchange at $18.50/Share. Value of $74,999. 17-May-01 HERB, ROBERT R Executive Vice President, Chief Sales and Marketing Officer 50,000 AMD Sold at $32.00/Share. Proceeds of $1,600,000. 17-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 8,600 AMD Sold at $32.00/Share. Proceeds of $275,200. 16-May-01 SANDERS, WALTER JEREMIAH III Chairman of the Board,Chief Executive Officer,Officer and Director 600,000 AMD Exercised Options at $7.38/Share and Sold at $29.72/Share. Proceeds of $13,404,000. 16-May-01 SANDERS, WALTER JEREMIAH III Chairman of the Board,Chief Executive Officer,Officer and Director 300,000 AMD Acquired Shares via Exercise of Options at $7.38/Share. Paper gain of $7,236,000 at a fair market value of $31.50/share on 16-May-01. 16-May-01 SANDERS, WALTER JEREMIAH III Chairman of the Board, Director, Chief Executive Officer 400,000 AMD Proposed Sale (Form 144). Estimated proceeds of $12,400,000. 14-May-01 BAUR, FRIEDRICH Director 3,332 AMD Sold at $27.31/Share. Proceeds of $90,997. 10-May-01 ANIXTER, BENJAMIN M Vice President, External Affairs 6,900 AMD Sold at $29.21/Share. Proceeds of $201,549. 10-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 538 AMD Sold at $29.84/Share. Proceeds of $16,054. 10-May-01 ANIXTER, BENJAMIN M Vice President, External Affairs 600 AMD Sold at $29.24/Share. Proceeds of $17,544. 10-May-01 ANIXTER, BENJAMIN M Vice President, External Affairs 7,500 AMD Acquired Shares via Exercise of Options at $5.94/Share. Paper gain of $170,700 at a fair market value of $28.70/share on 10-May-01. 10-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 8,800 AMD Sold at $29.80/Share. Proceeds of $262,240. 8-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 69,338 AMD Proposed Sale (Form 144). Estimated proceeds of $2,080,833. 7-May-01 EBY, THOMAS Divisional Officer, Group Vice President, Communications Group 2,500 AMD Acquired Shares via Exercise of Options at $6.69/Share. Paper gain of $58,300 at a fair market value of $30.01/share on 7-May-01. 7-May-01 ZELENCIK, STEPHEN J Senior Vice President - Market Development 25,000 AMD Sold at $30.64/Share. Proceeds of $766,000. 7-May-01 EBY, THOMAS Divisional Officer, Group Vice President, Communications Group 2,500 AMD Acquired Shares via Exercise of Options at $5.94/Share. Paper gain of $60,175 at a fair market value of $30.01/share on 7-May-01. 7-May-01 EBY, THOMAS Divisional Officer, Group Vice President, Communications Group 15,000 AMD Acquired Shares via Exercise of Options at $8.19/Share. Paper gain of $327,300 at a fair market value of $30.01/share on 7-May-01. 7-May-01 ZELENCIK, STEPHEN J Senior Vice President - Market Development 25,000 AMD Acquired Shares via Exercise of Options at $8.19/Share. Paper gain of $545,500 at a fair market value of $30.01/share on 7-May-01. 7-May-01 EBY, THOMAS Divisional Officer, Group Vice President, Communications Group 20,000 AMD Sold at $31.02/Share. Proceeds of $620,400. 3-May-01 SILVERMAN, LEONARD M Director 3,333 AMD Acquired Shares via Exercise of Options at $13.88/Share. Paper gain of $62,427 at a fair market value of $32.61/share on 3-May-01. 3-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 6,000 AMD Acquired Shares via Exercise of Options at $4.69/Share. Paper gain of $167,520 at a fair market value of $32.61/share on 3-May-01. 3-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 3,750 AMD Acquired Shares via Exercise of Options at $5.94/Share. Paper gain of $100,012 at a fair market value of $32.61/share on 3-May-01. 3-May-01 SILVERMAN, LEONARD M Director 3,333 AMD Proposed Sale (Form 144). Estimated proceeds of $108,689. 3-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 69,000 AMD Acquired Shares via Exercise of Options at $9.25/Share. Paper gain of $1,611,840 at a fair market value of $32.61/share on 3-May-01. 3-May-01 SILVERMAN, LEONARD M Director 3,333 AMD Sold at $31.90/Share. Proceeds of $106,323. 3-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 24,412 AMD Surrendered Shares to Cover Option Exercise Costs. Surrendered Value of $796,075. 3-May-01 MAGHRIBI, WALID Senior Vice President-Memory Group 15,000 AMD Acquired Shares via Exercise of Options at $8.19/Share. Paper gain of $366,300 at a fair market value of $32.61/share on 3-May-01. 2-May-01 MCCOY, THOMAS M Senior Vice President, General Counsel, Corporate Secretary 15,000 AMD Acquired Shares via Exercise of Options at $9.25/Share. Paper gain of $355,500 at a fair market value of $32.95/share on 2-May-01. 2-May-01 BLALACK, CHARLES MILLINGTON Director 4,000 AMD Sold at $32.88/Share. Proceeds of $131,520. 2-May-01 BLAKACK FAMILY TRUST Trust, Trustee 4,000 AMD Proposed Sale (Form 144). Estimated proceeds of $130,000. 2-May-01 MCCOY, THOMAS M Senior Vice President, General Counsel, Corporate Secretary 15,000 AMD Sold at $32.86/Share. Proceeds of $492,900. 2-May-01 WINVICK, STANLEY W Senior Vice President, Human Resources 20,000 AMD Exercised Options at $8.19/Share and Sold at $32.75/Share. Proceeds of $491,200. 2-May-01 WINVICK, STANLEY W Senior Vice President, Human Resources 45,000 AMD Proposed Sale (Form 144). Estimated proceeds of $1,485,000. 30-Apr-01 BLALACK, CHARLES MILLINGTON Director 8,000 AMD Proposed Sale (Form 144). Estimated proceeds of $253,780. 30-Apr-01 SIEGLE, WILLIAM T Senior Vice President-Technology & Manufacturing Operations, Chief Scientist 26,163 AMD Proposed Sale (Form 144). Estimated proceeds of $816,665. 30-Apr-01 ZELENCIK, STEPHEN J Senior Vice President - Market Development 50,000 AMD Proposed Sale (Form 144). Estimated proceeds of $1,550,000. 30-Apr-01 SIEGLE, WILLIAM T Senior Vice President-Technology & Manufacturing Operations, Chief Scientist 8,000 AMD Exercised Options at Average of $4.69/Share and Sold at $31.33/Share. Proceeds of $213,100. 30-Apr-01 SIEGLE, WILLIAM T Senior Vice President-Technology & Manufacturing Operations, Chief Scientist 8,313 AMD Sold at $31.11 -- $31.30/Share. Proceeds of $259,187. 30-Apr-01 SIEGLE, WILLIAM T Senior Vice President-Technology & Manufacturing Operations, Chief Scientist 5,250 AMD Acquired Shares via Exercise of Options at $5.94/Share. Paper gain of $131,565 at a fair market value of $31.00/share on 30-Apr-01. 30-Apr-01 ZELENCIK, STEPHEN J Senior Vice President - Market Development 25,000 AMD Exercised Options at $8.19/Share and Sold at $31.23/Share. Proceeds of $576,000. 30-Apr-01 SIEGLE, WILLIAM T Senior Vice President-Technology & Manufacturing Operations, Chief Scientist 2,250 AMD Sold at $31.40/Share. Proceeds of $70,650. 30-Apr-01 BLALACK, CHARLES MILLINGTON Director 8,000 AMD Sold at $31.71/Share. Proceeds of $253,680. 30-Apr-01 SIEGLE, WILLIAM T Senior Vice President-Technology & Manufacturing Operations, Chief Scientist 9,782 AMD Gave as Gift. Value of $303,242. 30-Apr-01 SIEGLE, WILLIAM T Senior Vice President-Technology & Manufacturing Operations, Chief Scientist 7,600 AMD Sold at $31.08/Share. Proceeds of $236,208. 29-Apr-01 HERB, ROBERT R Executive Vice President, Chief Sales and Marketing Officer 50,000 AMD Proposed Sale (Form 144). Estimated proceeds of $1,450,000. 27-Apr-01 MCCOY, THOMAS M Senior Vice President, General Counsel, Corporate Secretary 10,000 AMD Exercised Options at $9.25/Share and Sold at $29.16/Share. Proceeds of $199,100. 27-Apr-01 MCCOY, THOMAS M Senior Vice President, General Counsel, Corporate Secretary 55,000 AMD Proposed Sale (Form 144). Estimated proceeds of $1,650,000. 27-Apr-01 HERB, ROBERT R Executive Vice President, Chief Sales and Marketing Officer 50,000 AMD Sold at $29.50/Share. Proceeds of $1,475,000. 27-Apr-01 OSTRANDER, DARYL A Divisional Officer, Group Vice President, Wafer Fabrication Technology Implement 4,176 AMD Sold at $29.40/Share. Proceeds of $122,774. 27-Apr-01 HERB, ROBERT R Executive Vice President, Chief Sales and Marketing Officer 50,000 AMD Acquired Shares via Exercise of Options at $9.25/Share. Paper gain of $1,037,500 at a fair market value of $30.00/share on 27-Apr-01. 26-Apr-01 ANIXTER, BENJAMIN M Vice President, External Affairs 7,500 AMD Sold at $27.85/Share. Proceeds of $208,875. 26-Apr-01 OSTRANDER, DARYL A Divisional Officer, Group Vice President, Wafer Fabrication Technology Implement 24,000 AMD Acquired Shares via Exercise of Options at $8.10/Share. Paper gain of $465,840 at a fair market value of $27.51/share on 26-Apr-01. 26-Apr-01 ANIXTER, BENJAMIN M Vice President, External Affairs 4,500 AMD Acquired Shares via Exercise of Options at $5.94/Share. Paper gain of $97,065 at a fair market value of $27.51/share on 26-Apr-01. 26-Apr-01 ANIXTER, BENJAMIN M Vice President, External Affairs 3,000 AMD Acquired Shares via Exercise of Options at $7.75/Share. Paper gain of $59,280 at a fair market value of $27.51/share on 26-Apr-01. 26-Apr-01 OSTRANDER, DARYL A Divisional Officer, Group Vice President, Wafer Fabrication Technology Implement 24,000 AMD Sold at $28.76/Share. Proceeds of $690,240. 25-Apr-01 OSTRANDER, DARYL A Divisional Officer, Group Vice President, Wafer Fabrication Technology Implement 50,000 AMD Exercised Options at $8.72/Share and Sold at $27.02/Share. Proceeds of $915,000. 24-Apr-01 SIEGLE, WILLIAM T Senior Vice President-Technology & Manufacturing Operations, Chief Scientist 50,000 AMD Exercised Options at $8.10/Share and Sold at $28.00/Share. Proceeds of $995,000. 24-Apr-01 BRETTNER, DONALD M Divisional Officer, Group Vice President, Manufacturing Services Group 12,500 AMD Exercised Options at $8.03/Share and Sold at $28.20/Share. Proceeds of $252,125. 23-Apr-01 ANIXTER, BENJAMIN M Vice President, External Affairs 28,000 AMD Proposed Sale (Form 144). Estimated proceeds of $840,000. 23-Apr-01 HERB, ROBERT R Executive Vice President, Chief Sales and Marketing Officer 50,000 AMD Proposed Sale (Form 144). Estimated proceeds of $1,450,000. 23-Apr-01 MEYER, DERRICK R Divisional Officer, Group Vice President, Communication Products Group 14,050 AMD Sold at $27.85/Share. Proceeds of $391,292. 23-Apr-01 MEYER, DERRICK R Divisional Officer, Group Vice President, Communication Products Group 2,750 AMD Acquired Shares via Exercise of Options at $9.72/Share. Paper gain of $49,170 at a fair market value of $27.60/share on 23-Apr-01. 23-Apr-01 BROWN, R GENE Director 8,000 AMD Acquired Shares via Exercise of Options at $6.07/Share. Paper gain of $172,240 at a fair market value of $27.60/share on 23-Apr-01. 23-Apr-01 ASHBY, JAMES PAUL Vice President, Controlling Person 1,500 AMD Acquired Shares via Exercise of Options at $5.94/Share. Paper gain of $32,490 at a fair market value of $27.60/share on 23-Apr-01. 23-Apr-01 MEYER, DERRICK R Divisional Officer, Group Vice President, Communication Products Group 800 AMD Acquired Shares via Exercise of Options at $5.94/Share. Paper gain of $17,328 at a fair market value of $27.60/share on 23-Apr-01. 23-Apr-01 MEYER, DERRICK R Divisional Officer, Group Vice President, Communication Products Group 2,500 AMD Acquired Shares via Exercise of Options at $6.69/Share. Paper gain of $52,275 at a fair market value of $27.60/share on 23-Apr-01. 23-Apr-01 MEYER, DERRICK R Divisional Officer, Group Vice President, Communication Products Group 8,000 AMD Acquired Shares via Exercise of Options at $11.69/Share. Paper gain of $127,280 at a fair market value of $27.60/share on 23-Apr-01. 23-Apr-01 ASHBY, JAMES PAUL Vice President, Controlling Person 4,500 AMD Sold at $27.31/Share. Proceeds of $122,895. 23-Apr-01 ASHBY, JAMES PAUL Vice President, Controlling Person 3,000 AMD Acquired Shares via Exercise of Options at $6.69/Share. Paper gain of $62,730 at a fair market value of $27.60/share on 23-Apr-01. |