INTEL CORP — Director's Dealing 2011

Oct 31, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2011-10-28

Reporting Person: SODHANI ARVIND (EXEC. VP; PRES. INTEL CAPITAL)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-28	Common Stock	M	50000	$19.51	Acquired	309990	Direct
2011-10-28	Common Stock	S	50000	$24.99	Disposed	259990	Direct
2011-10-31	Common Stock	M	54810	$19.51	Acquired	314800	Direct
2011-10-31	Common Stock	S	54810	$24.85	Disposed	259990	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-28	Employee Stock Option (Right to Buy)	$19.51	M	50000	Disposed	2013-04-21	Common Stock (50000)	Direct
2011-10-31	Employee Stock Option (Right to Buy)	$19.51	M	54810	Disposed	2013-04-21	Common Stock (54810)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	37.096	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $24.85 to $24.855. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: The option vests in four equal annual installments beginning on the first anniversary of the grant date.