Kelley Vern 4

4 · INTERSIL CORP/DE · Filed Apr 4, 2012

Form 4

Period: 2012-04-02

SVP, Human Resources

Transactions

Exercise/Conversion
Stock Options
2012-04-02$11.22/sh+45,000$504,900→ 45,000 total
Exercise: $11.22From: 2013-04-02Exp: 2019-04-02→ Common Stock (45,000 underlying)
Exercise/Conversion
Deferred Stock Units
2012-04-02+14,000→ 14,000 total
Exercise: $0.00From: 2013-04-02Exp: 2016-04-02→ Common Stock (14,000 underlying)
Exercise/Conversion
Performance-Based Stock Options
2012-04-02$11.22/sh+50,188$563,109→ 50,188 total
Exercise: $11.22From: 2015-04-02Exp: 2019-04-02→ Common Stock (50,188 underlying)
Exercise/Conversion
Performance-Based Deferred Stock Units
2012-04-02+15,508→ 15,508 total
Exercise: $0.00From: 2015-04-02Exp: 2015-04-02→ Common Stock (15,508 underlying)

Holdings

Footnotes (6)

[F1]Stock options vest and become exercisable over a 4-year period as follows: 25% on the first anniversary of the date of grant and then quarterly at a rate of 6.25% per quarter for twelve (12) quarters.
[F2]Deferred Stock Units (DSUs) vest at a rate of 25% annually on each anniversary of the date of the award. This DSU award will be fully vested on 4/2/2016.
[F3]Reflects the receipt of Common Stock upon the vesting of DSUs. Each DSU has the economic equivalent of one share of Intersil Common Stock.
[F4]This grant has been issued under the Company's Market Stock Units Program ("MSU Program"), a performance-based equity program as described in the Company's Proxy Statement filed with the SEC on March 13, 2012.
[F5]This grant vests on the third anniversary of the date of grant (April 2, 2015).
[F6]Under the MSU Program, depending on the Company's performance, the minimum number of shares to be distributed to recipient upon vesting is zero and the maximum number of shares to be distributed upon vesting is 150% of the grant amount.

Documents

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