INTEL CORP — Director's Dealing 2012

Jan 25, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2012-01-23

Reporting Person: Smith Stacy J (Sr VP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-23	Common Stock	M	40800	$23.16	Acquired	84001	Direct
2012-01-23	Common Stock	M	22500	$19.51	Acquired	106501	Direct
2012-01-23	Common Stock	M	45000	$20.70	Acquired	151501	Direct
2012-01-23	Common Stock	M	160000	$21.52	Acquired	311501	Direct
2012-01-23	Common Stock	M	176250	$22.11	Acquired	487751	Direct
2012-01-23	Common Stock	M	30735	$15.665	Acquired	518486	Direct
2012-01-23	Common Stock	M	66655	$20.30	Acquired	585141	Direct
2012-01-23	Common Stock	S	541940	$26.715	Disposed	43201	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-23	Employee Stock Option (Right to Buy)	$23.16	M	40800	Disposed	2012-04-21	Common Stock (40800)	Direct
2012-01-23	Employee Stock Option (Right to Buy)	$19.51	M	22500	Disposed	2013-04-21	Common Stock (22500)	Direct
2012-01-23	Employee Stock Option (Right to Buy)	$20.70	M	45000	Disposed	2017-01-18	Common Stock (45000)	Direct
2012-01-23	Employee Stock Option (Right to Buy)	$21.52	M	160000	Disposed	2014-04-19	Common Stock (160000)	Direct
2012-01-23	Employee Stock Option (Right to Buy)	$22.11	M	176250	Disposed	2015-04-17	Common Stock (176250)	Direct
2012-01-23	Employee Stock Option (Right to Buy)	$15.665	M	30735	Disposed	2016-04-16	Common Stock (30735)	Direct
2012-01-23	Employee Stock Option (Right to Buy)	$20.30	M	66655	Disposed	2017-01-22	Common Stock (66655)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $26.675 to $26.78. 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.