David Zinsner - Feb 29, 2024 Form 4 Insider Report for INTEL CORP (INTC)

Role
EVP, CFO
Signature
/s/ Julie Kwok, attorney-in-fact
Stock symbol
INTC
Transactions as of
Feb 29, 2024
Transactions value $
$0
Form type
4
Date filed
3/4/2024, 07:30 PM
Previous filing
Feb 2, 2024
Next filing
May 2, 2024

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 Performance Stock Units +Grant/Award +130,496 130,496 Feb 29, 2024 Common Stock 130,496 Direct F1, F2
transaction INTC Restricted Stock Units +Grant/Award +86,997 86,997 Feb 29, 2024 Common Stock 86,997 Direct F3, F4

Explanation of Responses:

Id Content
F1 Each performance 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 Talent and 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.
F2 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, 2027, unless that date falls on a non-business date, in which case the next business date shall apply.
F3 Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock.
F4 Unless earlier forfeited under the terms of the RSUs, the RSUs 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.