INTEL CORP — Director's Dealing 2012

Apr 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2012-04-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-19	Common Stock	M	600000	$16.42	Acquired	1035281	Direct
2012-04-19	Common Stock	M	300000	$18.63	Acquired	1335281	Direct
2012-04-19	Common Stock	M	500000	$23.16	Acquired	1835281	Direct
2012-04-19	Common Stock	M	520000	$19.51	Acquired	2355281	Direct
2012-04-19	Common Stock	S	1920000	$27.8162	Disposed	435281	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-19	Employee Stock Option (Right to Buy)	$16.42	M	600000	Disposed	2013-01-22	Common Stock (600000)	Direct
2012-04-19	Employee Stock Option (Right to Buy)	$18.63	M	300000	Disposed	2013-04-22	Common Stock (300000)	Direct
2012-04-19	Employee Stock Option (Right to Buy)	$23.16	M	500000	Disposed	2012-04-21	Common Stock (500000)	Direct
2012-04-19	Employee Stock Option (Right to Buy)	$19.51	M	520000	Disposed	2013-04-21	Common Stock (520000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3179.3847	Indirect
Common Stock	1562.61	Indirect
Common Stock	700	Indirect
Common Stock	474593.2825	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $27.67 to $27.96. 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 sixth anniversary of the grant date.

F3: The option vests in four equal annual installments beginning on the first anniversary of the grant date.