Patrick P. Gelsinger - Nov 15, 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
Nov 15, 2021
Transactions value $
-$877,620
Form type
4
Date filed
11/17/2021, 03:46 PM
Previous filing
Oct 26, 2021
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +35.1K +15.99% 255K Nov 15, 2021 Direct F1
transaction INTC Common Stock Tax liability -$878K -17.4K -6.83% $50.38 237K Nov 15, 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 -10% 316K Nov 15, 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.