Filing Details

Accession Number:
0001140361-13-016181
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2013-04-10 18:49:17
Reporting Period:
2013-04-01
Filing Date:
2013-04-10
Accepted Time:
2013-04-10 18:49:17
Original Submission Date:
2013-04-01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1096325 Intersil Corp ISIL Semiconductors & Related Devices (3674) 593590018
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1185652 J Susan Hardman C/O Intersil Corporation
1001 Murphy Ranch Road
Milpitas CA 95035
Svp, Ams Products Group No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-04-01 2,333 $0.00 58,779 No 4 M Direct
Common Stock Disposition 2013-04-01 877 $8.38 57,902 No 4 F Direct
Common Stock Acquisiton 2013-04-01 5,625 $0.00 63,527 No 4 M Direct
Common Stock Disposition 2013-04-01 2,064 $8.38 61,463 No 4 F Direct
Common Stock Disposition 2013-04-02 3,294 $8.46 58,170 No 4 S Direct
Common Stock Acquisiton 2013-04-02 6,250 $0.00 64,420 No 4 M Direct
Common Stock Disposition 2013-04-02 2,293 $8.17 61,625 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Time-Based Deferred Stock Units (DSUs) Acquisiton 2013-04-01 40,000 $0.00 40,000 $0.00
Common Stock Performance-Based Market Stock Units (MSUs) Acquisiton 2013-04-01 41,000 $0.00 41,000 $0.00
Common Stock Deferred Stock Units Disposition 2013-04-01 5,625 $0.00 5,625 $0.00
Common Stock Deferred Stock Units Disposition 2013-04-02 6,250 $0.00 6,250 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
40,000 2014-04-01 2017-04-01 No 4 A Direct
41,000 2016-04-01 2016-04-01 No 4 A Direct
11,250 2013-04-01 2015-04-01 No 4 M Direct
18,750 2013-04-02 2016-04-02 No 4 M Direct
Footnotes
  1. 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.
  2. 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.
  3. A total of 3293.53 shares sold automatically on April 2, 2013 in compliance with Intersil's ESPP Quick Sale Program.
  4. Number of shares beneficially owned includes 18661.61 shares of Intersil Common Stock held by recipients spouse.
  5. The time-based DSU award will vest 25% per year on the anniversary of the date of the award.
  6. 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.
  7. The performance-based MSU award will become vested, if at all, on the third anniversary of the date of the award.
  8. 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.
  9. 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.