INTEL CORP — Director's Dealing 2020

Feb 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2020-01-30

Reporting Person: Rodgers Steven Ralph (EVP General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-30	Common Stock	M	2946	—	Acquired	79386	Direct
2020-01-30	Common Stock	F	1014	$65.715	Disposed	78372	Direct
2020-01-30	Common Stock	M	2236	—	Acquired	80608	Direct
2020-01-30	Common Stock	F	774	$65.715	Disposed	79834	Direct
2020-01-30	Common Stock	M	11050	—	Acquired	90884	Direct
2020-01-30	Common Stock	F	4180	$65.715	Disposed	86704	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-30	Restricted Stock Units	$	M	2946	Disposed		Common Stock (2946)	Direct
2020-01-30	Restricted Stock Units	$	M	2236	Disposed		Common Stock (2236)	Direct
2020-01-30	Restricted Stock Units	$	M	11050	Disposed		Common Stock (11050)	Direct
2020-01-30	Performance-Based Stock Units (PSUs)	$	A	82959	Acquired		Common Stock (82959)	Direct
2020-01-30	Restricted Stock Units	$	A	20740	Acquired		Common Stock (20740)	Direct

Footnotes

F1: Each restricted stock unit (RSU) 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 April 30, 2018. If the quarterly vesting date falls on a non-business date, the next business date shall apply.

F3: 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 April 30, 2019. If the quarterly vesting date falls on a non-business date, the next business date shall apply.

F4: Unless earlier forfeited under the terms of the RSU, 1/8th of the awards vest and convert into common stock in eight substantially equal quarterly tranches, beginning on April 30, 2018. If the quarterly vesting date falls on a nonbusiness
date, the next business date shall apply.

F5: Each performance-based stock unit (PSU) 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 PSUs 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 with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the second anniversary of the grant date.

F6: Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of Intel common stock on January 31, 2023, unless that date falls on a non-business date, in which case the next business date shall apply.

F7: 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 April 30, 2020. If the quarterly vesting date falls on a non-business date, the next business date shall apply.