David Zinsner - 31 Jan 2024 Form 4 Insider Report for INTEL CORP (INTC)

Role
EVP, CFO
Signature
/s/ Alex Shukhman, attorney-in-fact
Issuer symbol
INTC
Transactions as of
31 Jan 2024
Net transactions value
-$1,609,526
Form type
4
Filing time
02 Feb 2024, 16:31:30 UTC
Previous filing
28 Dec 2023
Next filing
04 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +75,659 +92% 157,528 31 Jan 2024 Direct F1
transaction INTC Common Stock Tax liability $1,470,625 -34,145 -22% $43.07 123,383 31 Jan 2024 Direct
transaction INTC Common Stock Options Exercise +6,503 +5.3% 129,886 31 Jan 2024 Direct F1
transaction INTC Common Stock Tax liability $138,901 -3,225 -2.5% $43.07 126,661 31 Jan 2024 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 -75,659 -50% 75,682 31 Jan 2024 Common Stock 75,659 Direct F1, F2
transaction INTC Restricted Stock Units Options Exercise -6,503 -20% 26,010 31 Jan 2024 Common Stock 6,503 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 award, the RSUs vest and convert into Common Stock in three equal annual installments beginning on the first anniversary of the grant date (or next business date, if applicable).
F3 Unless earlier forfeited under the terms of the RSU, 1/12th of the award vests and converts 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.