INTEL CORP — Director's Dealing 2011

Oct 26, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2011-10-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-24	Common Stock	M	10908	—	Acquired	402868	Direct
2011-10-24	Common Stock	F	5092	$24.405	Disposed	397776	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-24	Restricted Stock Units	$0	M	10908	Disposed		Common Stock (10908)	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: Shares acquired on the vesting of restricted stock units.

F2: Shares withheld for payment of tax liability.

F3: Includes 32.076 shares acquired via dividend reinvestment in Sept. 2011.

F4: Includes 15.765 shares acquired via dividend reinvestment in Sept. 2011

F5: Includes 4,863.5471 shares acquired under the Alex Brown Dividend Reinvestment Program on Sept. 1, 2011.

F6: Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.

F7: Unless earlier forfeited under the terms of the RSU, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on April 24, 2011. If the quarterly vesting date falls on a non-business date, the next business date shall apply.