Patrick P. Gelsinger - Feb 15, 2022 Form 4 Insider Report for INTEL CORP (INTC)

Role
CEO, Director
Signature
/s/ Alex Shukhman, attorney-in-fact
Stock symbol
INTC
Transactions as of
Feb 15, 2022
Transactions value $
-$833,199
Form type
4
Date filed
2/17/2022, 03:40 PM
Previous filing
Feb 2, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +35.1K +14.33% 280K Feb 15, 2022 Direct F1
transaction INTC Common Stock Tax liability -$833K -17.4K -6.21% $47.83 263K Feb 15, 2022 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 -11.11% 281K Feb 15, 2022 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 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.