Boise April Miller - Feb 28, 2025 Form 4 Insider Report for INTEL CORP (INTC)

Role: EVP and Chief Legal Officer
Signature: /s/ Julie Kwok, attorney-in-fact
Stock symbol: INTC
Transactions as of: Feb 28, 2025
Transactions value $: -$106,189
Form type: 4
Date filed: 3/3/2025, 05:39 PM
Previous filing: Feb 3, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INTC	Common Stock	Options Exercise		+16.2K	+33.34%		64.8K	Feb 28, 2025	Direct	F1, F2
transaction	INTC	Common Stock	Tax liability	-$106K	-4.51K	-6.96%	$23.54	60.3K	Feb 28, 2025	Direct

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	INTC	Restricted Stock Units	Options Exercise		-16.2K	-33.33%		32.4K	Feb 28, 2025	Common Stock	16.2K		Direct	F1, F3
transaction	INTC	Performance Stock Units	Award		+118K			118K	Feb 28, 2025	Common Stock	118K		Direct	F4, F5
transaction	INTC	Restricted Stock Units	Award		+118K			118K	Feb 28, 2025	Common Stock	118K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock.
F2	Includes 817 shares acquired under the Company's Employee Stock Purchase Plan on February 19, 2025.
F3	Unless earlier forfeited under the terms of the RSUs, the RSUs will vest in three equal annual installments of Intel common stock beginning on the first anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
F4	Each performance 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 Talent and 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.
F5	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, 2028, unless that date falls on a non-business date, in which case the next business date shall apply.