Patrick P. Gelsinger - May 17, 2021 Form 4 Insider Report for INTEL CORP (INTC)

Role: CEO, Director
Signature: /s/ Alex Shukhman, attorney-in-fact
Stock symbol: INTC
Transactions as of: May 17, 2021
Transactions value $: -$963,849
Form type: 4
Date filed: 5/19/2021, 04:37 PM
Next filing: Jun 24, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INTC	Common Stock	Options Exercise		+35.1K	+22.2%		193K	May 17, 2021	Direct	F1
transaction	INTC	Common Stock	Tax liability	-$964K	-17.4K	-9.01%	$55.33	176K	May 17, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	INTC	Restricted Stock Units	Options Exercise		-35.1K	-8.33%		386K	May 17, 2021	Common Stock	35.1K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel Corporation (the "Company") common stock.
F2	Unless earlier forfeited under the terms of the RSU, 1/12th of the awards vest and convert into common stock in twelve substantially equal quarterly tranches, beginning on May 15, 2021. If the quarterly vesting date falls on a non-business date, the next business date shall apply.