Filing Details

Accession Number:
0001127602-12-017509
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-18 13:00:00
Reporting Period:
2012-05-16
Filing Date:
2012-05-18
Accepted Time:
2012-05-18 16:26:15
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
1339047 M Thomas Kilroy Intel Corporation
2200 Mission College Blvd.
Santa Clara CA 95054
Sr Vp, Gm Sales & Mktg Grp No 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 2012-05-16 115,171 $0.00 115,171 No 4 M Direct
Common Stock Disposition 2012-05-16 52,346 $26.74 62,825 No 4 F Direct
Common Stock Disposition 2012-05-17 62,825 $26.42 0 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 2012-05-16 70,690 $0.00 70,690 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-05-16 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 64,530 Indirect By Trust for Self and Spouse
Footnotes
  1. Shares acquired on the vesting of restricted stock units.
  2. Shares withheld for payment of tax liability.
  3. Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the undersigned on January 31, 2012 that are intended to comply with Rule 10b5-1(c).
  4. This transaction was executed in multiple trades at prices ranging from $26.27 to $26.64. 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.
  5. Each Performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, no less than 33% and no more than 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 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.
  6. Unless earlier forfeited under the terms of the Performance-based RSU, each Performance-based RSU vests and converts into no less than 33% and 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.
  7. Due to a limitation in the filing software, the total number of shares of Common Stock received was 115,171, as reported above in Table I. The conversion rate of the Performance-based Restricted Stock was 151.975%. Upon conversion of the RSUs, the Reporting Person received an additional 36,741 shares of Common Stock. Upon conversion of $219,417.07 in dividend equivalents, the Reporting person received an additional 7,740 shares of Common Stock.