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
- 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.
- 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.
- The number of shares beneficially owned includes 10225.61 shares of Intersil Common Stock held by recipient's spouse.
- Deferred Stock Units will vest at a rate of 25% annually on each anniversary date of the grant.
- 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.
- 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.
- 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.
- 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.