I can't find any 50,000 share sale. I see a 25,000 share same day exercise and sell by ARVIND SODHANI who runs Intel Capital. He still owns 109k shares and has been routinely selling above 100k shares.
If you look at the FORM 4, it indicates that the 25k option was going to expire worthless on 11/25/2012 or in about 4 weeks. The exercise price was $20.23.
The decision he was facing was to invest $505,750 buying 25,000 shares of INTC at $20.23 and holding, or simply roll the option and pocket the $31k profit.
He might not have the $505k cash to buy and hold the shares.
Stupid article I read, I was wondering about the 50,000 number myself, as it showed him selling 25,000 shares twice, that is where I got the 50,000 number from... Your wisdom has helped shed a bright light on the situation... makes a lot more sense now.. thank you... on a side not, what the hell, the stock is UP again... $21.75 WOW... another dollar and I'll be in a lot better shape...