Steven Ralph Rodgers - Jan 31, 2022 Form 4 Insider Report for INTEL CORP (INTC)

Role
EVP General Counsel
Signature
/s/ Alex Shukhman, attorney-in-fact
Stock symbol
INTC
Transactions as of
Jan 31, 2022
Transactions value $
-$2,533,312
Form type
4
Date filed
2/2/2022, 08:09 PM
Previous filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock +Options Exercise +56,030 +52.24% 163,280 Jan 31, 2022 Direct F1
transaction INTC Common Stock -Tax liability -$1,239,375 -25,772 -15.78% $48.09 137,508 Jan 31, 2022 Direct
transaction INTC Common Stock -Sell -$188,553 -3,863 -2.81% $48.81 133,645 Feb 1, 2022 Direct F2
transaction INTC Common Stock -Sell -$1,105,383 -22,900 -17.13% $48.27 110,745 Feb 2, 2022 Direct F2

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 Performance-Based Stock Units (PSUs) -Options Exercise -107,338 -100% 0 Jan 31, 2022 Common Stock 107,338 Direct F1, F3
transaction INTC Performance-Based Stock Units (PSUs) +Grant/Award +84,652 84,652 Jan 31, 2022 Common Stock 84,652 Direct F1, F4
transaction INTC Restricted Stock Units +Grant/Award +84,652 84,652 Jan 31, 2022 Common Stock 84,652 Direct F5, F6

Explanation of Responses:

Id Content
F1 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.
F2 This transaction was made pursuant to trading instructions adopted by the reporting person on April 28, 2021 that are intended to comply with Rule 10b5-1(c).
F3 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.
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, 2025, unless that date falls on a non-business date, in which case the next business date shall apply.
F5 Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel Corporation (the "Company") common stock.
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, 2022. If the quarterly vesting date falls on a non-business date, the next business date shall apply.