INTERSIL CORP/DE|4Apr 5, 5:26 PM ET

BELL DAVID B 4

4 · INTERSIL CORP/DE · Filed Apr 5, 2011

Form 4

Period: 2011-04-01

DirectorPresident and CEO

Transactions

Exercise/Conversion
Performance-based Deferred Stock Units
2011-04-01+57,733→ 57,733 total
Exercise: $0.00From: 2013-04-01Exp: 2014-04-01→ Common Stock (57,733 underlying)
Exercise/Conversion
Deferred Stock Units
2011-04-01+63,750→ 63,750 total
Exercise: $0.00From: 2012-04-01Exp: 2015-04-01→ Common Stock (63,750 underlying)
Exercise/Conversion
Stock Options
2011-04-01$12.35/sh+191,250$2,361,938→ 191,250 total
Exercise: $12.35From: 2012-04-01Exp: 2018-04-01→ Common Stock (191,250 underlying)
Exercise/Conversion
Performance-based Stock Options
2011-04-01$12.35/sh+173,198$2,138,995→ 173,198 total
Exercise: $12.35From: 2013-04-01Exp: 2018-04-01→ Common Stock (173,198 underlying)

Holdings

Footnotes (5)

[F1]Deferred Stock Units will vest at a rate of 25% annually on each anniversary date of the grant.
[F2]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.
[F3]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.
[F4]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.
[F5]Under the MSU Program, depending on the Company's performance, the minimum amount payable to recipient upon vesting is zero and the maximum amount payable upon vesting is 150% of the recipient's equity grant.

Documents

1 file