4/A//SEC Filing
INTERSIL CORP/DE 4/A
Accession 0001140361-13-016181
CIK 0001096325operating
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 6:49 PM ET
Size
23.8 KB
Accession
0001140361-13-016181
Insider Transaction Report
Form 4/AAmended
INTERSIL CORP/DEISIL
HARDMAN SUSAN J
SVP, AMS Products Group
Transactions
- Exercise/Conversion
Common Stock
2013-04-01+2,333→ 58,779.08 total - Tax Payment
Common Stock
2013-04-01$8.38/sh−2,064$17,296→ 61,463.08 total - Award
Time-Based Deferred Stock Units (DSUs)
2013-04-01+40,000→ 40,000 totalExercise: $0.00From: 2014-04-01Exp: 2017-04-01→ Common Stock (40,000 underlying) - Exercise/Conversion
Deferred Stock Units
2013-04-01−5,625→ 11,250 totalExercise: $0.00From: 2013-04-01Exp: 2015-04-01→ Common Stock (5,625 underlying) - Tax Payment
Common Stock
2013-04-01$8.38/sh−877$7,349→ 57,902.08 total - Exercise/Conversion
Common Stock
2013-04-02+6,250→ 64,419.55 total - Exercise/Conversion
Deferred Stock Units
2013-04-02−6,250→ 18,750 totalExercise: $0.00From: 2013-04-02Exp: 2016-04-02→ Common Stock (6,250 underlying) - Exercise/Conversion
Common Stock
2013-04-01+5,625→ 63,527.08 total - Sale
Common Stock
2013-04-02$8.46/sh−3,293.53$27,863→ 58,169.55 total - Tax Payment
Common Stock
2013-04-02$8.17/sh−2,293$18,734→ 61,624.55 total - Award
Performance-Based Market Stock Units (MSUs)
2013-04-01+41,000→ 41,000 totalExercise: $0.00From: 2016-04-01Exp: 2016-04-01→ Common Stock (41,000 underlying)
Footnotes (9)
- [F1]Recipient received 16.67% payout associated with a performance-based DSU award in the amount of 14,000 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 14,000 shares x 16.67% payout = 2333 shares) issued to recipient.
- [F2]Number of shares beneficially owned includes 3293.53 shares of Intersil Common Stock that was automatically purchased on March 28, 2013 as a result of participation in the Intersil Corporation Employee Stock Purchase Plan.
- [F3]A total of 3293.53 shares sold automatically on April 2, 2013 in compliance with Intersil's ESPP Quick Sale Program.
- [F4]Number of shares beneficially owned includes 18661.61 shares of Intersil Common Stock held by recipients spouse.
- [F5]The time-based DSU award will vest 25% per year on the anniversary of the date of the award.
- [F6]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.
- [F7]The performance-based MSU award will become vested, if at all, on the third anniversary of the date of the award.
- [F8]The amount of the MSU award upon vesting may be as low as zero MSUs and as high as 82,000 MSUs, depending on Intersil's performance related to pre-established performance goals set by the Compensation Committee of the Board of Directors.
- [F9]Amendment to this Form 4 reflects that recipient elected to have 877 shares withheld to cover taxes associated with the vest and release of 2333 performance-based deferred stock units which converted to common stock upon release to recipient.
Documents
Issuer
INTERSIL CORP/DE
CIK 0001096325
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001096325
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 6:49 PM ET
- Size
- 23.8 KB