INTEL CORP — Director's Dealing 2016

May 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2016-05-23

Reporting Person: Krzanich Brian M (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-23	Common Stock	M	45155	$20.30	Acquired	462054	Direct
2016-05-23	Common Stock	S	45155	$30.3452	Disposed	416899	Direct
2016-05-23	Common Stock	S	26258	$30.3452	Disposed	390641	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-23	Employee Stock Option (Right to Buy)	$20.30	M	45155	Disposed	2017-01-22	Common Stock (45155)	Direct

Footnotes

F1: Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the reporting person on April 22, 2016 that are intended to comply with Rule 10b5-1(c).

F2: This transaction was executed in multiple trades at prices ranging from $30.16 to $30.47. 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.

F3: 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.