SEC Form 4 · accession 0001127602-17-016691
INTEL CORP · INTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Venkata S M Renduchintala
Officer — Group President (CISA)
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 6:56 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 | May 1, 2017 | S | 13,997 | $36.11 | D | 1,536 | D | |
| Common StockF2 | May 1, 2017 | M | 2,979 | $0.00 | A | 4,515 | D | |
| Common StockF3 | May 1, 2017 | F | 1,555 | $36.17 | D | 2,960 | 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 UnitsF4,F5 | $0.00 | May 1, 2017 | M | 2,979 | D | May 1, 2017 | — | Common Stock | 2,979 | 32,770 | D |
Explanation of responses
- F1The transaction reported on this Form 4 was made pursuant to trading instructions adopted by the reporting person on February 10, 2017 that are intended to comply with Rule 10b5-1(c).
- F2Shares acquired on the vesting of restricted stock units.
- F3Shares withheld for payment of tax liability.
- F4Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
- F5Unless 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 May 1, 2017. If the quarterly vesting date falls on a non-business date, the next business date shall apply.