INTEL CORP — Director's Dealing 2018

Feb 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2018-02-23

Reporting Person: BRYANT ANDY D (Director, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-23	Common Stock	M	69108	—	Acquired	492578	Direct
2018-02-23	Common Stock	F	33415	$47.05	Disposed	459163	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-23	Performance-based Restricted Stock Units	$0	M	56700	Disposed		Common Stock (56700)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect
Common Stock	3476.315	Indirect
Common Stock	1600	Indirect
Common Stock	1148	Indirect

Footnotes

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

F2: Includes 703 shares acquired under the Company's Stock Purchase Plan on February 16, 2018.

F3: Shares withheld for payment of tax liability.

F4: Each performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 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 performance period beginning on the grant date and ending on the third anniversary of the grant date, 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 more than 200% of one share of Intel common stock three years and one month 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 69,108 as reported above in Table I. The conversion rate of the Performance-based Restricted Stock was 113.5%. Upon conversion of the RSUs, the Reporting Person received 64,368 shares of Common Stock. Upon conversion of $217,402.92 in dividend equivalents, the Reporting person received an additional 4,740 shares of Common Stock.