INTEL CORP — Director's Dealing 2012

Feb 1, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2012-02-01

Reporting Person: BRYANT ANDY D (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-01	Common Stock	M	200000	$20.23	Acquired	486437	Direct
2012-02-01	Common Stock	M	200000	$23.16	Acquired	686437	Direct
2012-02-01	Common Stock	S	400000	$26.6855	Disposed	286437	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-01	Employee Stock Option (Right to Buy)	$20.23	M	200000	Disposed	2012-11-25	Common Stock (200000)	Direct
2012-02-01	Employee Stock Option (Right to Buy)	$23.16	M	200000	Disposed	2012-04-21	Common Stock (200000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect
Common Stock	2860.238	Indirect
Common Stock	1600	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $26.7025 to $26.7125. 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.