George S. Davis - 03 Jan 2022 Form 4 Insider Report for INTEL CORP (INTC)

Signature
/s/ Alex Shukhman, attorney-in-fact
Issuer symbol
INTC
Transactions as of
03 Jan 2022
Net transactions value
-$288,415
Form type
4
Filing time
05 Jan 2022, 15:22:21 UTC
Previous filing
03 Nov 2021
Next filing
27 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTC Common Stock Options Exercise +15,507 +14% 122,812 03 Jan 2022 Direct F1
transaction INTC Common Stock Tax liability $288,415 -5,502 -4.5% $52.42 117,310 03 Jan 2022 Direct
holding INTC Common Stock 1,540 03 Jan 2022 By Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INTC Restricted Stock Units Options Exercise -15,507 -50% 15,520 03 Jan 2022 Common Stock 15,507 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel Corporation (the "Company") common stock.
F2 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 July 3, 2019. If the quarterly vesting date falls on a non-business date, the next business date shall apply.