Boise April Miller - Jul 30, 2024 Form 4 Insider Report for INTEL CORP (INTC)

Signature
/s/ Alex Shukhman, attorney-in-fact
Stock symbol
INTC
Transactions as of
Jul 30, 2024
Transactions value $
-$304,326
Form type
4
Date filed
8/1/2024, 04:52 PM
Previous filing
Jun 10, 2024
Next filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +17.4K +54.4% 49.5K Jul 30, 2024 Direct F1
transaction INTC Common Stock Tax liability -$263K -8.64K -17.47% $30.46 40.8K Jul 30, 2024 Direct
transaction INTC Common Stock Options Exercise +2.72K +6.67% 43.5K Jul 30, 2024 Direct F1
transaction INTC Common Stock Tax liability -$41.2K -1.35K -3.1% $30.46 42.2K Jul 30, 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 -17.4K -49.99% 17.4K Jul 30, 2024 Common Stock 17.4K Direct F1, F2
transaction INTC Restricted Stock Units Options Exercise -2.72K -20% 10.9K Jul 30, 2024 Common Stock 2.72K 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, 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.
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 October 30, 2022. If the quarterly vesting date falls on a non-business date, the next business date shall apply.