CHAUVIN ALDEN 4
4 · INTERSIL CORP/DE · Filed Oct 2, 2003
Insider Transaction Report
Form 4
INTERSIL CORP/DEISIL
CHAUVIN ALDEN
VP Worldwide Sales
Transactions
- Award
Stock Option (Right to Buy)
2003-10-01+13,650→ 13,650 totalExercise: $25.13From: 2004-10-01Exp: 2013-10-01→ Class A Common Stock (13,650 underlying)
Holdings
- 272(indirect: Custodian)
Class A Common Stock
- 68,793.252
Class A Common Stock
Footnotes (3)
- [F1]Reporting person will receive during calendar year 2003, a stock grant totaling 54,600 shares to be issued and priced in 4 quarterly installments of 13,650 per quarter. This filing is to report the third increment issued as reported above. Remaining incremental issuance for 13,650 shares will be issued in the next quarter at the fair market value of Intersil's Common Stock as reported on Nasdaq at the close of market on the first trading day of the next quarter following the third incremental grant date (10/1/03).
- [F2]This option shall become exercisable as it vests. Options outstanding vest over a 4 year period at 25% upon first anniversary of date of grant.
- [F3]Securities beneficially owned increased by 968.252 shares due to shares purchased by reporting person through company's Employee Stock Purchase Plan.