CHAUVIN ALDEN 4
4 · INTERSIL CORP/DE · Filed Oct 4, 2004
Insider Transaction Report
Form 4
INTERSIL CORP/DEISIL
CHAUVIN ALDEN
VP Worldwide Sales
Transactions
- Award
Stock Option (Right to Buy)
2004-10-01+22,500→ 22,500 totalExercise: $17.29From: 2005-04-01Exp: 2011-09-30→ Class A Common Stock (22,500 underlying)
Footnotes (2)
- [F1]Reporting person received a stock option grant for calendar year 2004 totaling 90,000 shares to be issued and priced in 4 quarterly installments of 22,500 shares per quarter. This filing depicts the 3rd installment as reported above. Remaining installment of 22,500 shares will be issued on 1/2/05 at the fair market value of Intersil's Common Stock as reported on Nasdaq at the close of market on that day.
- [F2]This option shall be come exercisable as it vests with 25% of the shares becoming vested and exerciseable on 4/1/05 with the remaining options vesting quarterly over a 3-year period.