Intel provides virtually all employees around the world with opportunities to own company stock. The Stock programs allow employees to become owners of Intel and share in the company's future and potentially accumulate capital.

Stock Grants
Intel believes that all employees should have an ownership interest in the company, and delivering stock is an important part of our employees’ overall pay and benefits package. All employees are eligible for stock grants as part of Intel’s annual performance review process and upon promotion.

Stock grants may include Restricted Stock Units (RSUs) or, depending on grade level, a combination of Restricted Stock Units and Stock Options. Stock grants vest in equal installments of 25 percent each year over four years.

• A Restricted Stock Unit is an agreement by Intel to issue an actual share of Intel stock at $0 cost to employees (other than applicable taxes) once vesting requirements have been satisfied. The actual value to employees is based on the market value of Intel stock on the vesting date.
• A Stock Option is the right to purchase a certain amount of Intel stock at a set price during a specified time period once vesting requirements have been satisfied.

 

Stock Purchase Plan
The Stock Purchase Plan allows employees to purchase Intel stock at a discount through payroll deductions, from two to five percent of eligible pay. Stock is purchased at 85 percent of Intel's stock price at the lower of the beginning or ending of a subscription period. Employees use the plan for short-term savings goals or long-term investment needs.