Michelle Johnston Holthaus - 28 Feb 2025 Form 4 Insider Report for INTEL CORP (INTC)

Role
Interim Co-CEO, CEO Intel Prod
Signature
/s/ Julie Kwok, attorney-in-fact
Issuer symbol
INTC
Transactions as of
28 Feb 2025
Net transactions value
-$270,310
Form type
4
Filing time
03 Mar 2025, 17:43:29 UTC
Previous filing
03 Feb 2025
Next filing
25 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +32,389 +9.8% 362,592 28 Feb 2025 Direct F1, F2
transaction INTC Common Stock Tax liability $270,310 -11,483 -3.2% $23.54 351,109 28 Feb 2025 Direct
holding INTC Common Stock 1,438 28 Feb 2025 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 Performance Stock Units Award +359,304 359,304 28 Feb 2025 Common Stock 359,304 Direct F3, F4
transaction INTC Restricted Stock Units Award +359,304 359,304 28 Feb 2025 Common Stock 359,304 Direct F1, F5
transaction INTC Restricted Stock Units Award +224,565 224,565 28 Feb 2025 Common Stock 224,565 Direct F1, F5
transaction INTC Restricted Stock Units Options Exercise -32,389 -33% 64,789 28 Feb 2025 Common Stock 32,389 Direct F1, F5
* 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 Includes 817 shares acquired under the Company's Employee Stock Purchase Plan on February 19, 2025.
F3 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.
F4 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, 2028, unless that date falls on a non-business date, in which case the next business date shall apply.
F5 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.