SEC Form 4 · accession 0001127602-16-058578
INTEL CORP · INTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stacy J Smith
Officer — Exec VP and CFO
Period of report
Jul 22, 2016
Accepted (ET)
Jul 25, 2016 · 8:24 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 22, 2016 | M | 1,746 | $0.00 | A | 263,772 | D | |
| Common StockF2 | Jul 22, 2016 | F | 912 | $34.48 | D | 262,860 | D | |
| Common Stock | Jul 22, 2016 | M | 8,630 | $21.085 | A | 271,490 | D | |
| Common StockF3,F4 | Jul 22, 2016 | S | 8,630 | $34.4698 | D | 262,860 | D | |
| Common StockF3,F4 | Jul 22, 2016 | S | 20,867 | $34.4698 | D | 241,993 | 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 UnitsF5,F6 | $0.00 | Jul 22, 2016 | M | 1,746 | D | Oct 22, 2015 | — | Common Stock | 1,746 | 13,967 | D |
| Employee Stock Option (Right to Buy)F7 | $21.085 | Jul 22, 2016 | M | 8,630 | D | Jan 24, 2012 | Jan 24, 2018 | Common Stock | 8,630 | 43,148 | 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 undersigned on May 6, 2016 that are intended to comply with Rule 10b5-1(c).
- F4This transaction was executed in multiple trades at prices ranging from $34.29 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.
- F5Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
- F6Unless 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 October 22, 2015. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
- F7The option vests in four equal annual installments beginning on the first anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.