INTEL CORP — Director's Dealing 2007

Apr 25, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2007-04-23

Reporting Person: GELSINGER PATRICK P (SR VICE PRES DIG ENT GRP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-23	COMMON	M	3000	—	Acquired	196871	Direct
2007-04-23	COMMON	F	1064	$21.96	Disposed	195807	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-23	Restricted Stock Units	$0	M	3000	Acquired	2007-04-23	COM.STK (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	761	Indirect
COMMON	75462	Indirect
COMMON	5705	Indirect
COMMON	2971	Indirect
COMMON	1500	Indirect
COMMON	4705	Indirect
COMMON	2400	Indirect
COMMON	4705	Indirect
COMMON	2540	Indirect
COMMON	1500	Indirect
COMMON	1192	Indirect

Footnotes

F1: Shares acquired on the vesting of restricted stock units

F2: Shares withheld for payment of tax liability

F3: Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.

F4: Unless earlier forfeited under the terms of the RSU 25% of the award vests and converts 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.

F5: Mr. Gelsinger also holds 1,599,246 options with the right to buy Intel common stock