4//SEC Filing
INTEL CORP 4
Accession 0001127602-14-008648
$INTCCIK 0000050863operating
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 4:16 PM ET
Size
9.9 KB
Accession
0001127602-14-008648
Insider Transaction Report
Form 4
INTEL CORPINTC
Melamed Arthur Douglas
Sr VP, General Counsel
Transactions
- Exercise/Conversion
Common Stock
2014-02-24+52,482→ 167,112 total - Tax Payment
Common Stock
2014-02-24$24.64/sh−27,386$674,928→ 139,726 total - Exercise/Conversion
Performance-based Restricted Stock Units
2014-02-24−61,130→ 0 totalExercise: $0.00From: 2014-02-24→ Common Stock (61,130 underlying)
Footnotes (5)
- [F1]Shares acquired on the vesting of restricted stock units.
- [F2]Shares withheld for payment of tax liability.
- [F3]Each Performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, no less than 50% 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.
- [F4]Unless earlier forfeited under the terms of the Performance-based RSU, each Performance-based RSU vests and converts into no less than 50% 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.
- [F5]Due to a limitation in the filing software, the total number of shares of Common Stock received was 52,482 as reported above in Table I. The conversion rate of the Performance-based Restricted Stock was 77.267%. Upon conversion of the RSUs, the Reporting Person received 47,233 shares of Common Stock. Upon conversion of $131,185 in dividend equivalents, the Reporting person received an additional 5,249 shares of Common Stock.
Documents
Issuer
INTEL CORP
CIK 0000050863
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000050863
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 4:16 PM ET
- Size
- 9.9 KB