SEC Form 4 · accession 0001127602-15-008576

INTEL CORP · INTC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Andy D Bryant

Officer — Chairman · Director

Period of report

Feb 24, 2015

Accepted (ET)

Feb 26, 2015 · 4:04 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000050863

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Feb 24, 2015	M	89,581	$0.00	A	550,119	D
Common Stock^F3	Feb 24, 2015	F	45,760	$34.00	D	504,359	D
Common Stock	Feb 24, 2015	G	1,031	$0.00	D	503,328	D
Common Stock	holding	—	—		—	1,000	I	By Daughter
Common Stock	holding	—	—		—	3,178	I	By Employee Benefit Plan Trust
Common Stock	holding	—	—		—	47,383	I	By Family Trust with Spouse as Trustee
Common Stock	holding	—	—		—	1,600	I	By Son
Common Stock	holding	—	—		—	1,148	I	Joint Account with Spouse

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance-based Restricted Stock Units^F4,F5,F6	$0.00	Feb 24, 2015	M	56,680	D	Feb 24, 2015	—	Common Stock	56,680	0	D

Explanation of responses

F1Shares acquired on the vesting of restricted stock units.
F2Includes 734 shares acquired under the Company's Stock Purchase Plan on February 19, 2015.
F3Shares withheld for payment of tax liability.
F4Each Performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, no less than 50% and no more than 200% of one share of Intel common stock, together with dividend equivalent shares on the vested number of shares. The resulting number of shares of Intel common stock acquired upon vesting of the Performance-based RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year period beginning on the grant date and ending on the third anniversary of the grant date, unless that date falls on a date that the NASDAQ Stock Market is closed, in which case the next business date that the NASDAQ Stock Market is open shall apply.
F5Unless earlier forfeited under the terms of the Performance-based RSU, each Performance-based RSU vests and converts into no less than 50% and no more than 200% of one share of Intel common stock three years and one month after the grant date (together with dividend equivalent shares thereon), unless that date falls on a non-business date, in which case the next business date shall apply.
F6Due to a limitation in the filing software, the total number of shares of Common Stock received was 89,581 as reported above in Table I. The conversion rate of the Performance-based Restricted Stock was 146.21%. Upon conversion of the RSUs, the Reporting Person received 82,871 shares of Common Stock. Upon conversion of $241,155 in dividend equivalents, the Reporting person received an additional 6,710 shares of Common Stock.