INTEL CORP — Director's Dealing 2016

Jul 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2016-07-26

Reporting Person: YOFFIE DAVID B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-26	Common Stock	M	1588	—	Acquired	38533	Direct
2016-07-26	Common Stock	M	4258	—	Acquired	42791	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-26	Restricted Stock Units	$0	M	1588	Disposed		Common Stock (1588)	Direct
2016-07-26	Performance-based Restricted Stock Units	$0	M	4190	Disposed		Common Stock (4190)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	159114	Indirect

Footnotes

F1: Shares acquired on the vesting of restricted stock units.

F2: Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.

F3: Unless earlier forfeited under the terms of the RSU, 33 1/3% of the awards vest and convert into common stock on each anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.

F4: Each Performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, no less than 50% and no more than 200% of one share of Intel common stock, together with dividend equivalent shares on the vested number of shares. The resulting number of shares of Intel common stock acquired upon vesting of the Performance-based RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year period beginning January 24, 2013 and ending on January 24, 2016, unless that date falls on a date that the NASDAQ Stock Market is closed, in which case the next business date that the NASDAQ Stock Market is open shall apply.

F5: Unless earlier forfeited under the terms of the Performance-based RSU, each Performance-based RSU vests and converts into no less than 50% and no more than 200% of one share of Intel common stock three years after the grant date (together with dividend equivalent shares thereon), unless that date falls on a non-business date, in which case the next business date shall apply.

F6: Due to a limitation in the filing software, the total number of shares of Common Stock received was 4,258, as reported above in Table I. The conversion rate of the Performance-based Restricted Stock was 92.853%. Upon conversion of the RSUs, the Reporting Person received 3,890 shares of Common Stock. Upon conversion of $11,008.70 in dividend equivalents, the Reporting person received an additional 368 shares of Common Stock.