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INTEL CORP Director's Dealing 2008

Apr 23, 2008

29808_dirs_2008-04-23_5e5e3674-bd47-417f-b7cd-eb59aff78fc0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2008-04-21

Reporting Person: OTELLINI PAUL S (Director, PRESIDENT AND CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-04-21 COMMON M 22500 Acquired 743185.81 Direct
2008-04-21 COMMON F 10294 $22.455 Disposed 732891.81 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-04-21 Restricted Stock Units $0 M 11250 Disposed 2008-04-19 COM.STK (11250) Direct
2008-04-21 Restricted Stock Units $0 M 11250 Disposed 2008-04-21 COM.STK (11250) Direct

Holdings (Non-Derivative)

Security Shares Ownership
COMMON 700 Indirect
COMMON 1372.481 Indirect
COMMON 2792.5367 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. Otellini also holds 5,589,586 options with the right to buy Intel Corporation common stock.