INTEL CORP — Director's Dealing 2019

Feb 27, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2019-02-25

Reporting Person: Liu Tsu-Jae King (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-25	Common Stock	M	1035	—	Acquired	5408	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-25	Performance-based Restricted Stock Units	$	M	1270	Disposed		Common Stock (1270)	Direct

Footnotes

F1: 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 January 25, 2016 and ending on January 25, 2019, 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.

F2: 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 on February 25, 2019 (together with dividend equivalent shares thereon), unless that date falls on a non-business date, in which case the next business date shall apply.

F3: Due to a limitation in the filing software, the total number of shares of Common Stock received was 1,035 as reported above in Table I. The conversion rate of the Performance-based Restricted Stock was 75.746%. Upon conversion of the RSUs, the Reporting Person received 961 shares of Common Stock. Upon conversion of $3,490.83 in dividend equivalents, the Reporting Person received an additional 74 shares of Common Stock.