INTEL CORP — Director's Dealing 2022

Feb 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2022-01-31

Reporting Person: Rodgers Steven Ralph (EVP General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-31	Common Stock	M	56030	—	Acquired	163280	Direct
2022-01-31	Common Stock	F	25772	$48.09	Disposed	137508	Direct
2022-02-01	Common Stock	S	3863	$48.81	Disposed	133645	Direct
2022-02-02	Common Stock	S	22900	$48.27	Disposed	110745	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-31	Performance-Based Stock Units (PSUs)	$	M	107338	Disposed		Common Stock (107338)	Direct
2022-01-31	Performance-Based Stock Units (PSUs)	$	A	84652	Acquired		Common Stock (84652)	Direct
2022-01-31	Restricted Stock Units	$	A	84652	Acquired		Common Stock (84652)	Direct

Footnotes

F1: 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.

F2: This transaction was made pursuant to trading instructions adopted by the reporting person on April 28, 2021 that are intended to comply with Rule 10b5-1(c).

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, 2022, unless that date falls on a non-business date, in which case the next business date shall apply.

F4: 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.

F5: Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel Corporation (the "Company") common stock.

F6: 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.