Patrick P. Gelsinger - May 15, 2023 Form 4 Insider Report for INTEL CORP (INTC)

Signature
/s/ Alex Shukhman, attorney-in-fact
Stock symbol
INTC
Transactions as of
May 15, 2023
Transactions value $
-$511,277
Form type
4
Date filed
5/17/2023, 04:10 PM
Previous filing
May 3, 2023
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +35.1K +55.95% 97.9K May 15, 2023 Direct F1
transaction INTC Common Stock Tax liability -$511K -17.4K -17.79% $29.35 80.5K May 15, 2023 Direct
holding INTC Common Stock 18.7K May 15, 2023 by Family Trust
holding INTC Common Stock 138K May 15, 2023 By Trust
holding INTC Common Stock 136K May 15, 2023 By Trust
holding INTC Common Stock 94.6K May 15, 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 -35.1K -25% 105K May 15, 2023 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.