Home/Filings/4/0001140361-13-015592
4//SEC Filing

Kelley Vern 4

Accession 0001140361-13-015592

CIK 0001096325other

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 9:42 PM ET

Size

16.1 KB

Accession

0001140361-13-015592

Insider Transaction Report

Form 4
Period: 2013-04-01
Kelley Vern
SVP, Human Resources
Transactions
  • Exercise/Conversion

    Common Stock

    2013-04-02+3,50043,294.88 total
  • Award

    Time-Based Deferred Stock Units (DSU)

    2013-04-01+17,00017,000 total
    Exercise: $0.00From: 2014-04-01Exp: 2017-04-01Common Stock (17,000 underlying)
  • Tax Payment

    Common Stock

    2013-04-02$8.17/sh1,284$10,49044,196.07 total
  • Award

    Performance-Based Market Stock Units (MSUs)

    2013-04-01+17,50017,500 total
    Exercise: $0.00From: 2016-04-01Exp: 2016-04-01Common Stock (17,500 underlying)
  • Tax Payment

    Common Stock

    2013-04-01$8.38/sh1,216$10,19039,794.88 total
  • Exercise/Conversion

    Common Stock

    2013-04-01+1,833.737,823.88 total
  • Exercise/Conversion

    Common Stock

    2013-04-01+3,18741,010.88 total
Footnotes (6)
  • [F1]Recipient received 16.67% payout associated with a performance-based DSU award in the amount of 11,000 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 11,000 shares x 16.67% payout = 1833.7 shares) issued to recipient.
  • [F2]Number of shares beneficially owned includes 2185.19 shares of Intersil Common Stock that was automatically purchased on 3/28/2013 as a result of recipients participation in the Intersil Corporation Employee Stock Purchase Plan.
  • [F3]The time-based DSU award will vest 25% per year on the anniversary of the date of the award.
  • [F4]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.
  • [F5]The performance-based MSU award will become vested, if at all, on the third anniversary of the date of the award.
  • [F6]The amount of the MSU award upon vesting may be as low as zero MSUs and as high as 35,000 MSUs, depending on Intersil's performance related to pre-established performance goals set by the Compensation Committee of the Board of Directors.

Documents

1 file

Issuer

INTERSIL CORP/DE

CIK 0001096325

Entity typeother

Related Parties

1
  • filerCIK 0001445747

Filing Metadata

Form type
4
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 9:42 PM ET
Size
16.1 KB