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INTEL CORP — Director's Dealing 2016
Jul 26, 2016
29808_dirs_2016-07-25_61591408-803f-46ec-a7a8-03f3038c893e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2016-07-22
Reporting Person: Smith Stacy J (Exec VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-22 | Common Stock | M | 1746 | — | Acquired | 263772 | Direct |
| 2016-07-22 | Common Stock | F | 912 | $34.48 | Disposed | 262860 | Direct |
| 2016-07-22 | Common Stock | M | 8630 | $21.085 | Acquired | 271490 | Direct |
| 2016-07-22 | Common Stock | S | 8630 | $34.4698 | Disposed | 262860 | Direct |
| 2016-07-22 | Common Stock | S | 20867 | $34.4698 | Disposed | 241993 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-22 | Restricted Stock Units | $0 | M | 1746 | Disposed | Common Stock (1746) | Direct | |
| 2016-07-22 | Employee Stock Option (Right to Buy) | $21.085 | M | 8630 | Disposed | 2018-01-24 | Common Stock (8630) | Direct |
Footnotes
F1: Shares acquired on the vesting of restricted stock units.
F2: Shares withheld for payment of tax liability.
F3: Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the undersigned on May 6, 2016 that are intended to comply with Rule 10b5-1(c).
F4: This transaction was executed in multiple trades at prices ranging from $34.29 to $34.59. 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.
F5: Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
F6: Unless earlier forfeited under the terms of the RSU, 1/12th of the awards vest and convert into common stock in twelve substantially equal quarterly tranches, beginning on October 22, 2015. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
F7: 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.