SEC Form 4 · accession 0001127602-16-058576
INTEL CORP · INTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory R Pearson
Officer — Sr. VP, GM, Sales & Mktg Grp
Period of report
Jul 21, 2016
Accepted (ET)
Jul 25, 2016 · 8:09 pm EDT
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 | Jul 21, 2016 | M | 2,596 | $0.00 | A | 84,505 | D | |
| Common StockF2 | Jul 21, 2016 | F | 1,090 | $34.175 | D | 83,415 | D | |
| Common StockF1 | Jul 22, 2016 | M | 3,215 | $0.00 | A | 86,630 | D | |
| Common StockF2 | Jul 22, 2016 | F | 1,349 | $34.48 | D | 85,281 | D | |
| Common StockF3,F4 | Jul 22, 2016 | S | 1,506 | $34.4598 | D | 83,775 | D | |
| Common StockF5 | holding | — | — | — | 98 | I | By Employee Benefit Plan Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF6,F7 | $0.00 | Jul 21, 2016 | M | 2,596 | D | Jan 21, 2015 | — | Common Stock | 2,596 | 12,981 | D |
| Restricted Stock UnitsF6,F8 | $0.00 | Jul 22, 2016 | M | 3,215 | D | Jul 22, 2014 | — | Common Stock | 3,215 | 22,512 | D |
Explanation of responses
- F1Shares acquired on the vesting of restricted stock units.
- F2Shares withheld for payment of tax liability.
- F3Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the reporting person on April 21, 2016 that are intended to comply with Rule 10b5-1(c).
- F4This transaction was executed in multiple trades at prices ranging from $34.32 to $34.59. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5Includes .796 shares acquired via dividend reinvestment in June 2016.
- F6Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
- F7Unless 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 January 21, 2015. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
- F8Unless earlier forfeited under the terms of the RSU, 1/16th of the awards vest and convert into common stock in sixteen substantially equal quarterly tranches, beginning on July 22, 2014. If the quarterly vesting date falls on a non-business date, the next business date shall apply.