INTEL CORP — Director's Dealing 2020

Mar 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2020-03-02

Reporting Person: Rodgers Steven Ralph (EVP General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-02	Common Stock	M	76928	—	Acquired	165374	Direct
2020-03-02	Common Stock	F	38141	$56.37	Disposed	127233	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-02	Performance-based Restricted Stock Units	$	M	114049	Disposed		Common Stock (114049)	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. 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 three-year performance period beginning on February 1, 2017 and ending on the third anniversary of February 1, 2017, 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: Includes 491 shares acquired under the Company's Stock Purchase Plan on February 19, 2020.

F3: 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, unless that date falls on a non-business date, in which case the next business date shall apply.

F4: The total number of shares of Common Stock received upon achievement of the pre-established performance metrics was 76,928 (or 67.452% of the target number of performance-based RSUs granted), as reported in Table I.