March 18, 2025 · Form 4 insider transaction
TAN LIP BU bought 1,792,938 shares of Intel Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Unless earlier forfeited under the terms of the option, the option vests in five annual installments beginning on the first anniversary of the grant date, with an aggregate payout opportunity of +/-50% on the total award. The option will vest at target on the first and second anniversaries of the grant date and vesting in the third, fourth and fifth anniversaries of the grant date will be determined based on achievement of a pre-established performance metric, as approved by the Talent and Compensation Committee, as further described in the Offer Letter.