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: Rivera Sandra L (EVP & GM, Datacenter and AI)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-31	Common Stock	M	41147	—	Acquired	213383	Direct
2022-01-31	Common Stock	F	18337	$48.09	Disposed	195046	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-31	Performance-Based Stock Units (PSUs)	$	M	78826	Disposed		Common Stock (78826)	Direct
2022-01-31	Performance-Based Stock Units (PSUs)	$	A	97421	Acquired		Common Stock (97421)	Direct
2022-01-31	Restricted Stock Units	$	A	97421	Acquired		Common Stock (97421)	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: The total number of shares of Common Stock received upon achievement of the pre-established performance metrics was 41,147 (or 53% of the target number of performance-based RSUs granted), as reported in Table I.

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.