AMD 2006 Annual Report Download - page 156

Table of Contents
internal targets. In the second half of 2006, AMD performed under threshold. However, the Compensation Committee used its discretion to fund the second half
portion of the bonus at 0.25x target, which was the same target used in calculating discretionary bonus payments to our non-executive officers and other
employees who participate in the bonus program. Bonus payments to the Executives under the 2005 LTIP consisted of vesting of previously granted
performance-vesting restricted stock units for the two-year transition period ended in 2006 and were based on actual two-year cumulative performance. Bonus
payments to the Executives under the VP LTIP consisted of cash payments for the three-year performance period ended in 2006. Payments under the VP LTIP
were based strictly on the financial results of the performance period, as set at the beginning of the period. We are not making any further payments under the VP
LTIP.
The following table sets forth the bonus awards to the Executives.
Name and Position
2006 Bonus
(Cash)
2005-2006
Bonus RSUs
vested
Hector de J. Ruiz
Chairman of the Board and Chief Executive Officer
$ 2,598,750 63,000
Thomas M. McCoy
Executive Vice President, Legal Affairs
and Chief Administrative Officer
$ 455,000 12,000
Derrick R. Meyer
President and Chief Operating Officer
$ 662,188 18,000
Henri Richard
Executive Vice President and Chief Sales and Marketing Officer
$ 503,125 18,000
Robert J. Rivet
Executive Vice President and Chief Financial Officer
$ 503,125 18,000
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Source: ADVANCED MICRO DEVIC, 10-K, March 01, 2007