PATRICK P. GELSINGER - 31 Jan 2023 Form 4 Insider Report for INTEL CORP (INTC)

Signature
/s/ Alex Shukhman, attorney-in-fact
Issuer symbol
INTC
Transactions as of
31 Jan 2023
Net transactions value
+$182,488
Form type
4
Filing time
02 Feb 2023, 15:22:19 UTC
Previous filing
22 Dec 2022
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +6,778 +26% 32,559 31 Jan 2023 Direct F1
transaction INTC Common Stock Tax liability $67,961 -2,435 -7.5% $27.91 30,124 31 Jan 2023 Direct
transaction INTC Common Stock Purchase $250,449 +9,000 $27.83 9,000 31 Jan 2023 by Family Trust F2
holding INTC Common Stock 133,265 31 Jan 2023 By Trust
holding INTC Common Stock 133,265 31 Jan 2023 By Trust
holding INTC Common Stock 94,569 31 Jan 2023 By Trust

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 -6,778 -11% 54,228 31 Jan 2023 Common Stock 6,778 Direct F1, F3
* 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 This transaction was executed in multiple trades at prices ranging from $27.81 to $27.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
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 April 30, 2022. If the quarterly vesting date falls on a non-business date, the next business date shall apply.