SEC Form 4 · accession 0001127602-18-004175

INTEL CORP · INTC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Navin Shenoy

Officer — EVP, GM - Data Center Group

Period of report

Jan 30, 2018

Accepted (ET)

Feb 5, 2018 · 9:03 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
Common Stock^F1	Feb 1, 2018	M	483	$0.00	A	20,427	D
Common Stock^F2	Feb 1, 2018	F	168	$47.96	D	20,259	D
Common Stock^F1	Feb 1, 2018	M	2,004	$0.00	A	22,263	D
Common Stock^F2	Feb 1, 2018	F	693	$47.96	D	21,570	D
Common Stock^F3,F4	Feb 2, 2018	S	1,311	$47.1198	D	20,259	D

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 Units^F5,F6	$0.00	Jan 30, 2018	A	115,531	A	Feb 28, 2021	—	Common Stock	115,531	115,531	D
Restricted Stock Units^F7,F8	$0.00	Jan 30, 2018	A	33,414	A	Apr 30, 2018	—	Common Stock	33,414	33,414	D
Restricted Stock Units^F7,F9	$0.00	Feb 1, 2018	M	483	D	Nov 1, 2017	—	Common Stock	483	4,834	D
Restricted Stock Units^F7,F10	$0.00	Feb 1, 2018	M	2,004	D	May 1, 2017	—	Common Stock	2,004	16,034	D

Explanation of responses

F1Shares acquired on the vesting of restricted stock units.
F10Unless 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.
F2Shares withheld for payment of tax liability.
F3Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the undersigned on August 10, 2017 that are intended to comply with Rule 10b5-1(c).
F4This transaction was executed in multiple trades at prices ranging from $46.82 to $47.36. 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 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.
F6Unless 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.
F7Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
F8Unless 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.
F9Unless 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 November 1, 2017. If the quarterly vesting date falls on a non-business date, the next business date shall apply.