Michelle Johnston Holthaus - Dec 2, 2024 Form 4 Insider Report for INTEL CORP (INTC)

Signature
/s/ Julie Kwok, attorney-in-fact
Stock symbol
INTC
Transactions as of
Dec 2, 2024
Transactions value $
-$742,850
Form type
4
Date filed
12/4/2024, 04:39 PM
Previous filing
Nov 8, 2024
Next filing
Dec 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +77.2K +28.24% 350K Dec 2, 2024 Direct F1
transaction INTC Common Stock Tax liability -$743K -30.4K -8.67% $24.46 320K Dec 2, 2024 Direct
holding INTC Common Stock 1.44K Dec 2, 2024 By 401(K) Savings Plan

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 -77.2K -100% 0 Dec 2, 2024 Common Stock 77.2K Direct F1, F2
* 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 RSU, 33.33% of the awards vest and convert into common stock on each anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.