Sandra L. Rivera - Jul 6, 2021 Form 3 Insider Report for INTEL CORP (INTC)

Role: EVP & GM, Datacenter and AI
Signature: /s/ Alex Shukhman, attorney-in-fact
Stock symbol: INTC
Transactions as of: Jul 6, 2021
Transactions value $: $0
Form type: 3
Date filed: 7/8/2021, 04:19 PM
Previous filing: Jun 22, 2021
Next filing: Aug 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	INTC	Common Stock						162K	Jul 6, 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
holding	INTC	Performance-Based Stock Units (PSUs)							Jul 6, 2021	Common Stock	78.8K		Direct	F1, F2
holding	INTC	Performance-Based Stock Units (PSUs)							Jul 6, 2021	Common Stock	56.3K		Direct	F3
holding	INTC	Performance-Based Stock Units (PSUs)							Jul 6, 2021	Common Stock	77.8K		Direct	F2, F4
holding	INTC	Performance-Based Stock Units (PSUs)							Jul 6, 2021	Common Stock	86.9K		Direct	F2, F5
holding	INTC	Restricted Stock Units							Jul 6, 2021	Common Stock	4.93K		Direct	F6, F7
holding	INTC	Restricted Stock Units							Jul 6, 2021	Common Stock	8.35K		Direct	F7, F8
holding	INTC	Restricted Stock Units							Jul 6, 2021	Common Stock	11.3K		Direct	F7, F9
holding	INTC	Restricted Stock Units							Jul 6, 2021	Common Stock	19.9K		Direct	F7, F10
holding	INTC	Employee Stock Option (Right to Buy)							Jul 6, 2021	Common Stock	225K	$54.11	Direct	F11

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

Explanation of Responses:

Id	Content
F1	Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of Intel common stock on January 31, 2022, unless that date falls on a non-business date, in which case the next business date shall apply.
F2	Each performance-based stock unit (PSU) represents the right to receive, following vesting, up to 200% of one share of Intel common stock. The number of shares of Intel common stock acquired upon vesting of the PSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the second anniversary of the grant date.
F3	Each PSU represents the right to receive, following vesting, up to 200% of one share of Intel common stock. Unless earlier forfeited under the terms of the PSUs, on the third anniversary of February 1, 2019, (or the next business date if applicable), these PSUs may vest in respect of up to half of the shares of Intel common stock subject to the PSUs, and on the fifth anniversary of February 1, 2019, (or the next business date if applicable), these PSUs may vest in respect of all of the shares of Intel common stock subject to the PSUs not previously vested. The number of shares of Intel common stock acquired upon any vesting of the PSUs is contingent upon the achievement of certain pre-established performance metrics, approved by the Compensation Committee, during the three- and five-year performance periods following February 1, 2019.
F4	Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of Intel common stock on January 31, 2023, unless that date falls on a non-business date, in which case the next business date shall apply.
F5	Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of Intel common stock on January 31, 2024, unless that date falls on a non-business date, in which case the next business date shall apply.
F6	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 April 30, 2019. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
F7	Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel Corporation (the "Company") common stock.
F8	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 October 31, 2019. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
F9	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 April 30, 2020. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
F10	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 April 30, 2021. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
F11	Unless earlier forfeited under the terms of the option, 25% of the option vests on the one-year anniversary of the grant date, 25% on February 1, 2021, 25% on February 1, 2022, and 25% on February 1, 2023. The option shall become exercisable only if, during the five-year performance period following February 1, 2019, a certain pre-established performance metric, approved by the Compensation Committee, is achieved.