SEC Form 4 · accession 0001127602-18-025693
INTEL CORP · INTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Holmes Swan
Officer — Interim CEO [CFO]
Period of report
Aug 15, 2018
Accepted (ET)
Aug 17, 2018 · 4:37 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 | — | Aug 15, 2018 | A | 32,778 | A | Nov 15, 2018 | — | Common Stock | 32,778 | 32,778 | D |
| Performance-based Restricted Stock UnitsF3,F4 | — | Aug 15, 2018 | A | 38,166 | A | Feb 28, 2021 | — | Common Stock | 38,166 | 38,166 | D |
| Phantom Stock UnitsF5,F6 | — | Aug 16, 2018 | A | 79 | A | — | — | Common Stock | 79 | 8,178 | 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, 1/12th of the awards vest and convert into common stock in twelve substantially equal quarterly tranches, beginning on November 15, 2018. If the quarterly vesting date falls on a non-business date, 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. 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 performance period beginning on June 20, 2018 and ending on the third anniversary of January 30, 2018, 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 January 30, 2018, unless that date falls on a non-business date, in which case the next business date shall apply.
- F5Each phantom stock unit represents the right to receive the cash value of one share of Intel common stock.
- F6Phantom stock units are acquired under the Intel Sheltered Employee Retirement Plan Plus and are payable in cash following termination of the reporting person's employment. The reporting person may transfer the phantom stock units into an alternative investment account under the plan.