Filing Details

Accession Number:
0001127602-18-008743
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-27 16:54:13
Reporting Period:
2018-02-23
Accepted Time:
2018-02-27 16:54:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
50863 Intel Corp INTC Semiconductors & Related Devices (3674) 941672743
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1538580 M Brian Krzanich C/O Intel Corporation
2200 Mission College Blvd.
Santa Clara CA 95054
Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-02-23 147,674 $0.00 398,377 No 4 M Direct
Common Stock Disposition 2018-02-23 73,218 $47.05 325,159 No 4 F Direct
Common Stock Disposition 2018-02-26 74,456 $48.67 250,703 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance-based Restricted Stock Units Disposition 2018-02-23 121,160 $0.00 121,160 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-02-23 No 4 M Direct
Footnotes
  1. Shares acquired on the vesting of restricted stock units.
  2. Includes 703 shares acquired under the Company's Stock Purchase Plan on February 16, 2018.
  3. Shares withheld for payment of tax liability.
  4. Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the reporting person on October 30, 2017 that are intended to comply with Rule 10b5-1(c).
  5. This transaction was executed in multiple trades at prices ranging from $48.11 to $49.11. 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.
  6. Each performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 200% of one share of Intel common stock, together with dividend equivalent shares on the vested number of shares. The resulting 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.
  7. Unless 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 (together with dividend equivalent shares thereon), unless that date falls on a non-business date, in which case the next business date shall apply.
  8. Due to a limitation in the filing software, the total number of shares of Common Stock received was 147,674 as reported above in Table I. The conversion rate of the Performance-based Restricted Stock was 113.5%. Upon conversion of the RSUs, the Reporting Person received 137,545 shares of Common Stock. Upon conversion of $464,558.24 in dividend equivalents, the Reporting person received an additional 10,129 shares of Common Stock.