Scott Gawel - May 30, 2024 Form 4 Insider Report for INTEL CORP (INTC)

Signature
/s/ Alex Shukhman, attorney-in-fact
Stock symbol
INTC
Transactions as of
May 30, 2024
Transactions value $
-$66,878
Form type
4
Date filed
6/3/2024, 04:35 PM
Previous filing
May 2, 2024
Next filing
Aug 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +2.42K +1748.37% 2.56K May 30, 2024 Direct F1
transaction INTC Common Stock Tax liability -$36.3K -1.2K -46.9% $30.28 1.36K May 30, 2024 Direct
transaction INTC Common Stock Options Exercise +2.03K +149.19% 3.38K May 31, 2024 Direct F1
transaction INTC Common Stock Tax liability -$30.6K -1K -29.68% $30.45 2.38K May 31, 2024 Direct
holding INTC Common Stock 33.3K May 30, 2024 by Family 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 -2.42K -11.11% 19.3K May 30, 2024 Common Stock 2.42K Direct F1, F2
transaction INTC Restricted Stock Units Options Exercise -2.03K -8.34% 22.3K May 31, 2024 Common Stock 2.03K 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 RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on August 30, 2023. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
F3 Unless earlier forfeited under the terms of the RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on May 31, 2024. If the quarterly vesting date falls on a non-business date, the next business date shall apply.