Intel provides virtually all employees around the world with opportunities to own company stock. Stock benefits allow employees to become an owner of Intel and share in the company's future and potentially accumulate capital.
Stock grants may include a grant of 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 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.
- 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.