Current Report Filing (8-k)
August 08 2018 - 4:49PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 2, 2018
INTEL CORPORATION
(Exact name of registrant as specified in its charter)
|
|
|
|
|
Delaware
|
|
000-06217
|
|
94-1672743
|
(State or Other Jurisdiction
of Incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer
Identification No.)
|
|
|
|
2200 Mission College Blvd., Santa Clara, California
|
|
95054-1549
|
(Address of principal executive offices)
|
|
(Zip Code)
|
Registrants telephone number, including area code:
(408) 765-8080
|
Not Applicable
|
(Former name or former address, if changed since last report.)
|
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
☐
|
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐
|
|
Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
|
☐
|
|
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
|
☐
|
|
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
|
Indicate by
check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended
transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 5.02
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
|
(e)
|
Equity Award for Interim Chief Executive Officer
|
On August 2, 2018, the Compensation Committee (the Committee) of the Board of Directors of Intel Corporation (Intel) approved the grant of
a special equity award to Robert (Bob) H. Swan, Intels interim Chief Executive Officer (CEO) and Executive Vice President and Chief Financial Officer, to reflect his role as interim CEO. The award will have a target
aggregate value on the grant date of approximately $3,270,000 and will consist of approximately 50% time-based restricted stock units (RSUs) and 50% outperformance stock units (OSUs) by value. The RSUs will vest quarterly
over a
3-year
period from the grant date, and the OSUs will vest in February 2021 based on Intels performance during the OSUs performance period. In the event of Mr. Swans involuntary
termination without cause or voluntary termination for good reason, the vesting of the RSUs will be eligible for acceleration, and Mr. Swan will be eligible to retain the unvested OSUs. The RSUs and OSUs will be subject to the terms and
conditions of Intels 2006 Equity Incentive Plan.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
|
|
|
|
|
|
|
|
INTEL CORPORATION
|
|
|
|
|
(Registrant)
|
|
|
|
Date: August 8, 2018
|
|
|
|
/s/ Susie Giordano
|
|
|
|
|
Susie Giordano
|
|
|
|
|
Corporate Vice President and Corporate Secretary
|
Intel (NASDAQ:INTC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Intel (NASDAQ:INTC)
Historical Stock Chart
From Sep 2023 to Sep 2024