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INTEL CORP — Director's Dealing 2023
Jun 1, 2023
29808_dirs_2023-06-01_f3bc0cea-29c8-491a-959a-187345e5d7ff.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2023-05-30
Reporting Person: Schell Christoph (EVP; Chief Cml Ofcr; SMG)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-30 | Performance-Based Stock Units (PSUs) | $ | A | 187726 | Acquired | Common Stock (187726) | Direct | |
| 2023-05-30 | Restricted Stock Units | $ | A | 125151 | Acquired | Common Stock (125151) | 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: 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, 2026, unless that date falls on a non-business date, in which case the next business date shall apply.
F3: Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock.
F4: Unless earlier forfeited under the terms of the RSU, the RSU will vest in three equal annual installments of Intel common stock beginning on the first anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.