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

Signature
/s/ Alex Shukhman, attorney-in-fact
Issuer symbol
INTC
Transactions as of
30 May 2024
Net transactions value
-$66,878
Form type
4
Filing time
03 Jun 2024, 16:35:10 UTC
Previous filing
02 May 2024
Next filing
01 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +2,418 +1748% 2,556 30 May 2024 Direct F1
transaction INTC Common Stock Tax liability $36,306 -1,199 -47% $30.28 1,357 30 May 2024 Direct
transaction INTC Common Stock Options Exercise +2,025 +149% 3,382 31 May 2024 Direct F1
transaction INTC Common Stock Tax liability $30,572 -1,004 -30% $30.45 2,378 31 May 2024 Direct
holding INTC Common Stock 33,305 30 May 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 -2,418 -11% 19,345 30 May 2024 Common Stock 2,418 Direct F1, F2
transaction INTC Restricted Stock Units Options Exercise -2,025 -8.3% 22,270 31 May 2024 Common Stock 2,025 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.