Filing Details

Accession Number:
0001140361-11-020885
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-04-05 17:29:59
Reporting Period:
2011-04-01
Filing Date:
2011-04-05
Accepted Time:
2011-04-05 17:29:59
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 Disposition 2011-04-01 2,668 $12.49 38,353 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Deferred Stock Units Acquisiton 2011-04-01 22,500 $0.00 22,500 $0.00
Common Stock Stock Options Acquisiton 2011-04-01 67,500 $12.35 67,500 $12.35
Common Stock Performance-based Deferred Stock Units Acquisiton 2011-04-01 22,267 $0.00 22,267 $0.00
Common Stock Performance-based Stock Options Acquisiton 2011-04-01 66,802 $12.35 66,802 $12.35
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
22,500 2012-04-01 2015-04-01 No 4 M Direct
67,500 2012-04-01 2018-04-01 No 4 M Direct
22,267 2013-04-01 2014-04-01 No 4 M Direct
66,802 2013-04-01 2018-04-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 41,020 Direct
Footnotes
  1. Includes a total of 2667.74 shares of Intersil Common Stock that was purchased on March 31, 2011 on behalf of recipient (1401.73 shares) and recipient's spouse (1266.01 shares) through participation in the Company's Employee Stock Purchase Plan.
  2. A total of 2,667.74 shares were sold automatically on April 1, 2011 in compliance with Intersil's Employee Stock Purchase Plan "Quick Sale" Program in which recipient and her spouse both participate.
  3. The number of shares beneficially owned includes 10225.61 shares of Intersil Common Stock held by recipient's spouse.
  4. Deferred Stock Units will vest at a rate of 25% annually on each anniversary date of the grant.
  5. Stock options will vest and become exercisable over a 4-year period as follows: 25% on the first anniversary of the grant date and then quarterly at a rate of 6.25% per quarter for twelve (12) quarters.
  6. This grant has been issued under the Company's Market Stock Units Program ("MSU Program"), a performance-based equity program as described in the Company's Form 8-K filing dated March 11, 2011.
  7. Dependent upon the Company's performance, 50% of the grant will become vested on April 1, 2013 and 50% will become vested on April 1, 2014.
  8. Under the MSU Program, depending on the Company's performance, the minimum amount payable to recipient upon vesting is zero and the maximmum amount payable upon vesting is 150% of the recipient's equity grant.