Filing Details
- Accession Number:
- 0001140361-13-016181
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2013-04-10 18:49:17
- Reporting Period:
- 2013-04-01
- Filing Date:
- 2013-04-10
- Accepted Time:
- 2013-04-10 18:49:17
- Original Submission Date:
- 2013-04-01
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1096325 | Intersil Corp | ISIL | Semiconductors & Related Devices (3674) | 593590018 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1185652 | J Susan Hardman | C/O Intersil Corporation 1001 Murphy Ranch Road Milpitas CA 95035 | Svp, Ams Products Group | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-04-01 | 2,333 | $0.00 | 58,779 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-04-01 | 877 | $8.38 | 57,902 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2013-04-01 | 5,625 | $0.00 | 63,527 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-04-01 | 2,064 | $8.38 | 61,463 | No | 4 | F | Direct | |
Common Stock | Disposition | 2013-04-02 | 3,294 | $8.46 | 58,170 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2013-04-02 | 6,250 | $0.00 | 64,420 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-04-02 | 2,293 | $8.17 | 61,625 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Time-Based Deferred Stock Units (DSUs) | Acquisiton | 2013-04-01 | 40,000 | $0.00 | 40,000 | $0.00 |
Common Stock | Performance-Based Market Stock Units (MSUs) | Acquisiton | 2013-04-01 | 41,000 | $0.00 | 41,000 | $0.00 |
Common Stock | Deferred Stock Units | Disposition | 2013-04-01 | 5,625 | $0.00 | 5,625 | $0.00 |
Common Stock | Deferred Stock Units | Disposition | 2013-04-02 | 6,250 | $0.00 | 6,250 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
40,000 | 2014-04-01 | 2017-04-01 | No | 4 | A | Direct |
41,000 | 2016-04-01 | 2016-04-01 | No | 4 | A | Direct |
11,250 | 2013-04-01 | 2015-04-01 | No | 4 | M | Direct |
18,750 | 2013-04-02 | 2016-04-02 | No | 4 | M | Direct |
Footnotes
- Recipient received 16.67% payout associated with a performance-based DSU award in the amount of 14,000 shares issued on 4/1/2010 with a 3-year cliff vest (award fully vested on 4/1/2013). Performance range of award was 0-150% of award. Award of 14,000 shares x 16.67% payout = 2333 shares) issued to recipient.
- Number of shares beneficially owned includes 3293.53 shares of Intersil Common Stock that was automatically purchased on March 28, 2013 as a result of participation in the Intersil Corporation Employee Stock Purchase Plan.
- A total of 3293.53 shares sold automatically on April 2, 2013 in compliance with Intersil's ESPP Quick Sale Program.
- Number of shares beneficially owned includes 18661.61 shares of Intersil Common Stock held by recipients spouse.
- The time-based DSU award will vest 25% per year on the anniversary of the date of the award.
- Reflects the receipt of Common Stock upon the vesting of DSUs and MSUs. Each DSU and MSU has the economic equivalent of one share of Intersil Common Stock.
- The performance-based MSU award will become vested, if at all, on the third anniversary of the date of the award.
- The amount of the MSU award upon vesting may be as low as zero MSUs and as high as 82,000 MSUs, depending on Intersil's performance related to pre-established performance goals set by the Compensation Committee of the Board of Directors.
- Amendment to this Form 4 reflects that recipient elected to have 877 shares withheld to cover taxes associated with the vest and release of 2333 performance-based deferred stock units which converted to common stock upon release to recipient.