Intel Corp - 12 Jun 2023 Form 4 Insider Report for Mobileye Global Inc. (MBLY)

Role
10%+ Owner
Signature
/s/ Patrick Bombach, Assistant Corporate Secretary of Intel Corporation
Issuer symbol
MBLY
Transactions as of
12 Jun 2023
Transactions value $
-$1,572,532,500
Form type
4
Filing time
14 Jun 2023, 16:44:55
Previous filing
26 Oct 2022
Next filing
14 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBLY Class A Common Stock Conversion of derivative security +38.5M 38.5M 12 Jun 2023 See Footnote F1, F2
transaction MBLY Class A Common Stock Sale -$1.57B -38.5M -100% $40.85 0 12 Jun 2023 See Footnote F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MBLY Class B Common Stock Conversion of derivative security $0 -38.5M -5.13% $0.00 712M 12 Jun 2023 Class A Common Stock 38.5M See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B common stock ("Class B Common Stock") of Mobileye Global Inc. ("Mobileye") is convertible into one share of Class A common stock of Mobileye ("Class A Common Stock") at any time at the option of the holder. The Class B Common Stock has no expiration date.
F2 These securities are held directly by Intel Overseas Funding Corporation, of which Intel Corporation is the sole stockholder.
F3 This amount represents the $42.00 secondary public offering price per share of Class A Common Stock, less the underwriting discount of $1.155 per share.