SEC Form 4 · accession 0001127602-16-038085
INTEL CORP · INTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank D Yeary
Director
Period of report
Jan 23, 2016
Accepted (ET)
Jan 27, 2016 · 6:51 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 StockF1,F2 | Jan 23, 2016 | M | 999 | $0.00 | A | 58,658 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Jan 23, 2016 | M | 999 | D | Jan 23, 2016 | — | Common Stock | 999 | 1,996 | D |
| Performance-based Restricted Stock UnitsF5,F6 | $0.00 | Jan 25, 2016 | A | 2,820 | A | Feb 25, 2019 | — | Common Stock | 2,820 | 2,820 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Jan 25, 2016 | A | 3,680 | A | Jan 25, 2017 | — | Common Stock | 3,680 | 3,680 | D |
Explanation of responses
- F1Shares acquired on the vesting of restricted stock units.
- F2Includes 488 shares acquired via dividend reinvestment in September 2015 and 391 shares acquired via dividend reinvestment in December 2015.
- F3Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
- F4Unless earlier forfeited under the terms of the RSU, 33 1/3% of the awards vest and convert into common stock on each anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
- F5Each performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 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 performance 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.
- F6Unless earlier forfeited under the terms of the performance-based RSU, each performance-based RSU vests and converts into 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.