INTEL CORP — Director's Dealing 2022

Apr 22, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2022-04-13

Reporting Person: Holthaus Michelle Johnston (EVP & GM, CCG)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	99890	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$54.11	2029-03-13	Common Stock (225000)		Direct
Performance-Based Stock Units (PSUs)	$		Common Stock (56250)		Direct
Performance-Based Stock Units (PSUs)	$		Common Stock (90737)		Direct
Performance-Based Stock Units (PSUs)	$		Common Stock (108684)		Direct
Performance-Based Stock Units (PSUs)	$		Common Stock (97421)		Direct
Restricted Stock Units	$		Common Stock (7562)		Direct
Restricted Stock Units	$		Common Stock (18114)		Direct
Restricted Stock Units	$		Common Stock (97421)		Direct
Restricted Stock Units	$		Common Stock (4793)		Direct
Restricted Stock Units	$		Common Stock (231488)		Direct

Footnotes

F1: Unless earlier forfeited under the terms of the option, 25% of the option vests on the one-year anniversary of the grant date, 25% on February 1, 2021, 25% on February 1, 2022, and 25% on February 1, 2023. The option shall become exercisable only if, during the five-year performance period following February 1, 2019, a certain pre-established performance metric, approved by the Compensation Committee, is achieved.

F2: Each PSU represents the right to receive, following vesting, up to 200% of one share of Intel common stock. Unless earlier forfeited under the terms of the PSUs, on the third anniversary of February 1, 2019, (or the next business date if applicable), these PSUs may vest in respect of up to half of the shares of Intel common stock subject to the PSUs, and on the fifth anniversary of February 1, 2019, (or the next business date if applicable), these PSUs may vest in respect of all of the shares of Intel common stock subject to the PSUs not previously vested. The number of shares of Intel common stock acquired upon any vesting of the PSUs is contingent upon the achievement of certain pre-established performance metrics, approved by the Compensation Committee, during the three- and five-year performance periods following February 1, 2019.

F3: 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.

F4: 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.

F5: 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, 2024, unless that date falls on a non-business date, in which case the next business date shall apply.

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, 2025, 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.

F8: Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock.

F9: 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, 2021. If the quarterly vesting date falls on a non-business date, the next business date shall apply.

F10: 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, 2022. If the quarterly vesting date falls on a non-business date, the next business date shall apply.

F11: 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 January 30, 2020. If the quarterly vesting date falls on a non-business date, the next business date shall apply.

F12: Unless earlier forfeited under the terms of the RSU, 33 1/3% of the awards vest and convert into common stock on each anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.