INTEL CORP — Director's Dealing 2007

Jan 22, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2007-01-18

Reporting Person: PERLMUTTER DAVID (VICE PRESIDENT)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-18	Employee Option (right to buy)	$20.70	A	52500	Acquired	2017-01-18	COM STK. (52500)	Direct
2007-01-18	Restricted Stock Units	$	A	5000	Acquired	2017-01-18	COM STK. (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	9395	Direct

Footnotes

F1: Includes 37 shares acquired under the Intel Corporation Direct Stock Purchase and Dividend Reinvestment Plan.

F2: Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.

F3: Unless earlier forfeited under the terms of the RSU, the award vests 100% and converts into common stock on the 5th anniversary of the grant date.