Boise April Miller - 31 Jul 2023 Form 4 Insider Report for INTEL CORP (INTC)

Signature
/s/ Alex Shukhman, attorney-in-fact
Issuer symbol
INTC
Transactions as of
31 Jul 2023
Net transactions value
-$363,972
Form type
4
Filing time
02 Aug 2023, 18:51:18 UTC
Previous filing
05 Jun 2023
Next filing
01 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +17,425 +318% 22,910 31 Jul 2023 Direct F1
transaction INTC Common Stock Tax liability $314,755 -8,640 -38% $36.43 14,270 31 Jul 2023 Direct
transaction INTC Common Stock Options Exercise +2,723 +19% 16,993 31 Jul 2023 Direct F1
transaction INTC Common Stock Tax liability $49,217 -1,351 -8% $36.43 15,642 31 Jul 2023 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 -17,425 -33% 34,857 31 Jul 2023 Common Stock 17,425 Direct F1, F2
transaction INTC Restricted Stock Units Options Exercise -2,723 -11% 21,784 31 Jul 2023 Common Stock 2,723 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 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.