INTEL CORP 4
4 · INTEL CORP · Filed Feb 3, 2017
Insider Transaction Report
Form 4
INTEL CORPINTC
POTTRUCK DAVID S
Director
Transactions
- Award
Performance-based Restricted Stock Units
2017-02-01+2,852→ 2,852 totalExercise: $0.00From: 2020-03-01→ Common Stock (2,852 underlying) - Award
Restricted Stock Units
2017-02-01+2,980→ 2,980 totalExercise: $0.00From: 2018-02-01→ Common Stock (2,980 underlying)
Footnotes (4)
- [F1]Each performance-based Restricted Stock Unit (RSU) 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 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 performance 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.
- [F2]Unless earlier forfeited under the terms of the performance-based RSU, each performance-based RSU vests and converts into no more than 200% of one share of Intel common stock three years and one month after the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
- [F3]Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
- [F4]Unless earlier forfeited under the terms of the RSU, 33 1/3% of the awards vest and convert into common stock on each anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.