SEC Form 4 · accession 0001127602-18-004153
INTEL CORP · INTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andy D Bryant
Officer — Chairman · Director
Period of report
Jan 30, 2018
Accepted (ET)
Feb 5, 2018 · 8:46 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 | Feb 1, 2018 | M | 2,454 | $0.00 | A | 423,586 | D | |
| Common StockF2 | Feb 1, 2018 | F | 819 | $47.96 | D | 422,767 | D | |
| Common Stock | holding | — | — | — | 1,000 | I | By Daughter | |
| Common Stock | holding | — | — | — | 3,476 | I | By Employee Benefit Plan Trust | |
| Common Stock | holding | — | — | — | 1,600 | I | By Son | |
| Common Stock | holding | — | — | — | 1,148 | I | Joint Account with Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-based Restricted Stock UnitsF3,F4 | $0.00 | Jan 30, 2018 | A | 23,878 | A | Feb 28, 2021 | — | Common Stock | 23,878 | 23,878 | D |
| Restricted Stock UnitsF5,F6 | $0.00 | Jan 30, 2018 | A | 27,624 | A | Apr 30, 2018 | — | Common Stock | 27,624 | 27,624 | D |
| Restricted Stock UnitsF5,F7 | $0.00 | Feb 1, 2018 | M | 2,454 | D | May 1, 2017 | — | Common Stock | 2,454 | 19,636 | D |
Explanation of responses
- F1Shares acquired on the vesting of restricted stock units.
- F2Shares withheld for payment of tax liability.
- F3Each performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 200% of one share of Intel common stock. The 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.
- 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 three years and one month after the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
- 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 April 30, 2018. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
- 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 May 1, 2017. If the quarterly vesting date falls on a non-business date, the next business date shall apply.