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: Krzanich Brian M (Sr. VP/GM Manuf & Supply, COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-23	Common Stock	M	27500	$19.51	Acquired	58499	Direct
2012-01-23	Common Stock	M	41250	$19.51	Acquired	99749	Direct
2012-01-23	Common Stock	M	41250	$20.70	Acquired	140999	Direct
2012-01-23	Common Stock	M	41640	$15.665	Acquired	182639	Direct
2012-01-24	Common Stock	S	151640	$26.774	Disposed	30999	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-23	Employee Stock Option (Right to Buy)	$19.51	M	27500	Disposed	2013-04-21	Common Stock (27500)	Direct
2012-01-23	Employee Stock Option (Right to Buy)	$19.51	M	41250	Disposed	2016-04-21	Common Stock (41250)	Direct
2012-01-23	Employee Stock Option (Right to Buy)	$20.70	M	41250	Disposed	2017-01-18	Common Stock (41250)	Direct
2012-01-23	Employee Stock Option (Right to Buy)	$15.665	M	41640	Disposed	2016-04-16	Common Stock (41640)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1691	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $26.75 to $26.815. 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: Unless earlier forfeited under the terms of the option, the option vests in four equal annual installments beginning on the first anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.