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INTEL CORP — Director's Dealing 2018
Aug 17, 2018
29808_dirs_2018-08-17_d205c5e7-4422-4ce5-90ed-0083fda8ecc0.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: 2018-08-15
Reporting Person: SWAN ROBERT HOLMES (Interim CEO [CFO])
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-15 | Restricted Stock Units | $ | A | 32778 | Acquired | Common Stock (32778) | Direct | |
| 2018-08-15 | Performance-based Restricted Stock Units | $ | A | 38166 | Acquired | Common Stock (38166) | Direct | |
| 2018-08-16 | Phantom Stock Units | $ | A | 79.363 | Acquired | Common Stock (79.363) | Direct |
Footnotes
F1: Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
F2: 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 November 15, 2018. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
F3: Each performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 200% of one share of Intel common stock. The 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 performance period beginning on June 20, 2018 and ending on the third anniversary of January 30, 2018, 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.
F4: Unless earlier forfeited under the terms of the performance-based RSU, each performance-based RSU vests and converts into no more than 200% of one share of Intel common stock three years and one month after January 30, 2018, unless that date falls on a non-business date, in which case the next business date shall apply.
F5: Each phantom stock unit represents the right to receive the cash value of one share of Intel common stock.
F6: Phantom stock units are acquired under the Intel Sheltered Employee Retirement Plan Plus and are payable in cash following termination of the reporting person's employment. The reporting person may transfer the phantom stock units into an alternative investment account under the plan.