Boise April Miller - Jul 30, 2022 Form 4 Insider Report for INTEL CORP (INTC)

Role
EVP and Chief Legal Officer
Signature
/s/ Alex Shukhman, attorney-in-fact
Stock symbol
INTC
Transactions as of
Jul 30, 2022
Transactions value $
$0
Form type
4
Date filed
8/2/2022, 05:15 PM
Previous filing
Jul 15, 2022
Next filing
Nov 2, 2022

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 Award +52.3K 52.3K Jul 30, 2022 Common Stock 52.3K Direct F1, F2
transaction INTC Restricted Stock Units Award +32.7K 32.7K Jul 30, 2022 Common Stock 32.7K Direct F1, F3
transaction INTC Performance-Based Stock Units (PSUs) Award +32.7K 32.7K Jul 30, 2022 Common Stock 32.7K Direct F4, F5
* 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, the RSU will vest in three equal annual installments of Intel common stock beginning on the first anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
F3 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 30, 2022. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
F4 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.
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, 2025, unless that date falls on a non-business date, in which case the next business date shall apply.