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4//SEC Filing

Pushpala Sagar 4

Accession 0001140361-11-020895

CIK 0001096325other

View on SEC.gov Company Profile

Filed

Apr 4, 8:00 PM ET

Accepted

Apr 5, 5:55 PM ET

Size

13.7 KB

Accession

0001140361-11-020895

Insider Transaction Report

Form 4

Period: 2011-04-01

INTERSIL CORP/DEISIL

SVP, WW Ops and Technology

Transactions

Exercise/Conversion
Performance-based Stock Options
2011-04-01$12.35/sh+62,794$775,506→ 62,794 total
Exercise: $12.35From: 2013-04-01Exp: 2018-04-01→ Common Stock (62,794 underlying)
Exercise/Conversion
Performance-based Deferred Stock Units
2011-04-01+20,931→ 20,931 total
Exercise: $0.00From: 2013-04-01Exp: 2014-04-01→ Common Stock (20,931 underlying)
Exercise/Conversion
Stock Options
2011-04-01$12.35/sh+64,250$793,488→ 64,250 total
Exercise: $12.35From: 2012-04-01Exp: 2018-04-01→ Common Stock (64,250 underlying)
Exercise/Conversion
Deferred Stock Units
2011-04-01+21,500→ 21,500 total
Exercise: $0.00From: 2012-04-01Exp: 2015-04-01→ Common Stock (21,500 underlying)

Holdings

Common Stock
23,084.43

Footnotes (6)

[F1]Includes 2179.60 shares of Intersil Common Stock that was purchased on March 31, 2011 on behalf of recipient through participation in the Company's Employee Stock Purchase Plan.
[F2]Deferred Stock Units will vest at a rate of 25% annually on each anniversary date of the grant.
[F3]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.
[F4]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.
[F5]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.
[F6]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

4
doc1.xmlPrimary
FORM 4

Issuer

INTERSIL CORP/DE

CIK 0001096325

Entity typeother

Related Parties

1

filerCIK 0001445746

Filing Metadata

Form type: 4
Filed: Apr 4, 8:00 PM ET
Accepted: Apr 5, 5:55 PM ET
Size: 13.7 KB

View on SEC.gov