INTEL CORP — Director's Dealing 2011

Oct 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2011-10-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-27	Common Stock	M	200000	$24.365	Acquired	597776	Direct
2011-10-27	Common Stock	S	200000	$24.9784	Disposed	397776	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-27	Employee Stock Option (Right to Buy)	$24.365	M	200000	Disposed	2011-10-31	Common Stock (200000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3128.2767	Indirect
Common Stock	1537.49	Indirect
Common Stock	700	Indirect
Common Stock	466654.7862	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $24.95 to $25.02. 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.