PATRICK P. GELSINGER - 15 Feb 2022 Form 4 Insider Report for INTEL CORP (INTC)

Signature
/s/ Alex Shukhman, attorney-in-fact
Issuer symbol
INTC
Transactions as of
15 Feb 2022
Net transactions value
-$833,199
Form type
4
Filing time
17 Feb 2022, 15:40:02 UTC
Previous filing
02 Feb 2022
Next filing
24 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +35,135 +14% 280,301 15 Feb 2022 Direct F1
transaction INTC Common Stock Tax liability $833,199 -17,420 -6.2% $47.83 262,881 15 Feb 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 -35,135 -11% 281,080 15 Feb 2022 Common Stock 35,135 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.