SEC Form 4 · accession 0001127602-16-058879
INTEL CORP · INTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tsu-Jae King Liu
Director
Period of report
Jul 27, 2016
Accepted (ET)
Jul 28, 2016 · 8:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000050863
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Jul 27, 2016 | A | 1,575 | A | Jul 27, 2017 | — | Common Stock | 1,575 | 1,575 | D |
| Performance-based Restricted Stock UnitsF3,F4 | $0.00 | Jul 27, 2016 | A | 1,270 | A | Jul 27, 2017 | — | Common Stock | 1,270 | 1,270 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
- F2Unless earlier forfeited under the terms of the RSU, 33 1/3% of the awards vest and convert into common stock on January 25, 2017, January 25, 2018 and January 25, 2019, unless that date falls on a non-business date, in which case the next business date shall apply.
- F3Each 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 January 25, 2016 and ending on January 25, 2019, 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.
- F4Unless 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 on February 25, 2019 (together with dividend equivalent shares thereon), unless that date falls on a non-business date, in which case the next business date shall apply.