Edgar Filing: INTEL CORP

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

GELSINGER PATRICK P

2. Issuer Name and Ticker or Trading Symbol
INTEL CORP [INTC]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
SR VICE PRES DIG ENT GRP

(Last)

(First)

(Middle)

INTEL CORPORATION, 2200 MISSION COLLEGE BLVD.

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2008

(Street)

SANTA CLARA, CA 95054

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON								196,853 ⁽¹⁾	D
COMMON								761	I	By Irrevocable Living Trust for Spouse
COMMON								75,462	I	By Revocable Trust for Spouse
COMMON								4,205	I	by UTMA for Daughter
COMMON								1,971	I	By Trust for Son
COMMON								1,500	I	UTMA for Son
COMMON								2,705	I	By Trust for Son
COMMON								2,400	I	By UTMA for Son
COMMON								2,705	I	By Trust by Son
COMMON								2,540	I	By UTMA for Son
COMMON								1,500	I	By Charitable Remainder Trust
COMMON								1,216.893	I	By Employee Benefit Plan Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Option (right to buy)

$ 22.11

04/17/2008

32,500

04/17/2009

04/17/2015

COM.STK

32,500

$ 0

1,512,746

Employee Option (right to buy)

$ 22.11

04/17/2008

32,500

04/17/2010

04/17/2015

COM.STK

32,500

$ 0

1,545,246

Employee Option (right to buy)

$ 22.11

04/17/2008

32,500

04/17/2011

04/17/2015

COM.STK

32,500

$ 0

1,577,746

Employee Option (right to buy)

$ 22.11

04/17/2008

32,500

04/17/2012

04/17/2015

COM.STK

32,500

$ 0

1,610,246

Restricted Stock Units

$ 0 ⁽²⁾

04/17/2008

4,625

04/17/2009⁽³⁾

COM.STK

4,625

$ 0

48,375

Restricted Stock Units

$ 0 ⁽²⁾

04/17/2008

4,625

04/17/2010⁽³⁾

COM.STK

4,625

$ 0

53,000

Restricted Stock Units

$ 0 ⁽²⁾

04/17/2008

4,625

04/17/2011⁽³⁾

COM.STK

4,625

$ 0

57,625

Restricted Stock Units

$ 0 ⁽²⁾

04/17/2008

4,625

04/17/2012⁽³⁾

COM.STK

4,625

$ 0

62,250

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
GELSINGER PATRICK P INTEL CORPORATION 2200 MISSION COLLEGE BLVD. SANTA CLARA, CA 95054			SR VICE PRES DIG ENT GRP

Signatures

PATRICK P. GELSINGER		04/18/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Includes 1,046 shares acquired under the Intel Corporation Stock Purchase Plan during February 2008.
(2)	Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
(3)	Unless earlier forfeited under the terms of the RSU, 25% of the award vests and converts 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.

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