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INTEL CORP — Director's Dealing 2024
Mar 4, 2024
29808_dirs_2024-03-04_0e749ea6-6fac-4bf8-991f-04fd499c1b85.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: 2024-02-29
Reporting Person: GAWEL SCOTT (CVP, Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-29 | Common Stock | M | 2418 | — | Acquired | 2541.596 | Direct |
| 2024-02-29 | Common Stock | F | 1199 | $42.75 | Disposed | 1342.596 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-29 | Performance Stock Units | $ | A | 24295 | Acquired | Common Stock (24295) | Direct | |
| 2024-02-29 | Restricted Stock Units | $ | A | 24295 | Acquired | Common Stock (24295) | Direct | |
| 2024-02-29 | Restricted Stock Units | $ | M | 2418 | Disposed | Common Stock (2418) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 28177.6575 | Indirect |
Footnotes
F1: Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock.
F2: Each performance 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 Talent and 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.
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, 2027, 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 RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on May 31, 2024. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
F5: Unless earlier forfeited under the terms of the RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on August 30, 2023. If the quarterly vesting date falls on a non-business date, the next business date shall apply.