INTEL CORP — Director's Dealing 2020

Oct 22, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: McAfee Corp. (MCFE)
CIK: 0001783317
Period of Report: 2020-10-22

Reporting Person: Intel Americas, Inc. (Director, 10% Owner)
Reporting Person: INTEL CORP (Director, 10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	9485368	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
FTW Class A Unit	$		Class A Common Stock (180222000)		Direct

Footnotes

F1: Intel Americas, Inc. directly holds and beneficially owns 9,485,368 shares of Class A common stock ("Class A Shares") of McAfee Corp. (the "Issuer") and directly holds and beneficially owns 180,222,000 Class A units ("Common Units") of Foundation Technology Worldwide LLC ("FTW") and an equal number of voting, non-equity shares of Class B common stock ("Class B Shares") of the Issuer. Intel Corporation may be deemed to beneficially own these securities due to its ownership of Intel Americas, Inc.

F2: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of Foundation Technology Worldwide LLC, as amended, Intel Americas, Inc. may exchange all or a portion of its Common Units for Class A Shares on a one-for-one basis, (whereupon an equal number of its Class B Shares will be cancelled) subject to customary adjustments, or, at the option of the Issuer, cash (based on the then-market value of the Class A Shares).