Form 4 for INTC Intel
Accepted 2022-02-02 00:00:00 ET · period of report 2022-01-31 · accession 0001127602-22-003097 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-02 | 2022-01-31 | INTC | Rivera Sandra L | EVP, GM, Datacenter, AI | F - Tax | $48.09 | -18.3K | 195.0K | -9% | -$881.8K |
| D | 2022-02-02 | 2022-01-31 | INTC | Rivera Sandra L | EVP, GM, Datacenter, AI | M - OptEx | — | +41.1K | 213.4K | +24% | — |
| D | 2022-02-02 | 2022-01-31 | INTC | Rivera Sandra L | EVP, GM, Datacenter, AI | M - OptEx | — | -78.8K | 0 | -100% | — |
| DM | 2022-02-02 | 2022-01-31 | INTC | Rivera Sandra L | EVP, GM, Datacenter, AI | A - Grant | — | +194.8K | 97.4K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-31 | F | D | 18,337 | $48.09 | 195,046 | D | — | — | |
| 2 | Common | Common Stock | 2022-01-31 | M | A | 41,147 | — | 213,383 | D | — | — | (F1) Each performance-based stock unit (PSU) 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 PSUs 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 with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the second anniversary of the grant date. |
| 3 | Derivative | Performance-Based Stock Units (PSUs) | 2022-01-31 | M | D | 78,826 | — | 0 | D | — · — to — | 78,826 Common Stock | (F2) The total number of shares of Common Stock received upon achievement of the pre-established performance metrics was 41,147 (or 53% of the target number of performance-based RSUs granted), as reported in Table I. (F1) Each performance-based stock unit (PSU) 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 PSUs 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 with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the second anniversary of the grant date. (F3) Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of Intel common stock on January 31, 2022, unless that date falls on a non-business date, in which case the next business date shall apply. |
| 4 | Derivative | Restricted Stock Units | 2022-01-31 | A | A | 97,421 | — | 97,421 | D | — · — to — | 97,421 Common Stock | (F5) Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel Corporation (the "Company") common stock. (F6) Unless 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, 2022. If the quarterly vesting date falls on a non-business date, the next business date shall apply. |
| 5 | Derivative | Performance-Based Stock Units (PSUs) | 2022-01-31 | A | A | 97,421 | — | 97,421 | D | — · — to — | 97,421 Common Stock | (F4) Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of Intel common stock on January 31, 2025, unless that date falls on a non-business date, in which case the next business date shall apply. (F1) Each performance-based stock unit (PSU) 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 PSUs 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 with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the second anniversary of the grant date. |