SEC Form 4 · accession 0001127602-18-004184
INTEL CORP · INTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank D Yeary
Director
Period of report
Jan 30, 2018
Accepted (ET)
Feb 5, 2018 · 9:11 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 | 994 | $0.00 | A | 10,432 | D | |
| Common Stock | holding | — | — | — | 52,548 | I | By Family Trust |
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 UnitsF2,F3,F4 | $0.00 | Jan 30, 2018 | A | 2,102 | A | Feb 28, 2021 | — | Common Stock | 2,102 | 2,102 | D |
| Restricted Stock UnitsF5,F6 | $0.00 | Jan 30, 2018 | A | 2,431 | A | Jan 30, 2019 | — | Common Stock | 2,431 | 2,431 | D |
| Restricted Stock UnitsF5,F6 | $0.00 | Feb 1, 2018 | M | 994 | D | Feb 1, 2018 | — | Common Stock | 994 | 1,986 | D |
Explanation of responses
- F1Shares acquired on the vesting of restricted stock units.
- F2Each 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.
- F3The reporting person elected to defer settlement of his/her grant of restricted stock units until the termination of his/her service to the Intel Corporation Board of Directors.
- 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, 33 1/3% of the awards vest and convert into common stock on each anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.