4/A//SEC Filing
Kelley Vern 4/A
Accession 0001140361-13-016171
CIK 0001096325other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 6:19 PM ET
Size
18.2 KB
Accession
0001140361-13-016171
Insider Transaction Report
Form 4/AAmended
INTERSIL CORP/DEISIL
Kelley Vern
SVP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2013-04-01+3,187→ 40,337.18 total - Tax Payment
Common Stock
2013-04-02$8.17/sh−1,284$10,490→ 43,522.37 total - Tax Payment
Common Stock
2013-04-01$8.38/sh−673$5,640→ 37,150.18 total - Exercise/Conversion
Common Stock
2013-04-02+3,500→ 42,621.18 total - Exercise/Conversion
Common Stock
2013-04-01+1,833→ 37,823.18 total - Tax Payment
Common Stock
2013-04-01$8.38/sh−1,216$10,190→ 39,121.18 total - Award
Time-Based Deferred Stock Units (DSU)
2013-04-01+17,000→ 17,000 totalExercise: $0.00From: 2014-04-01Exp: 2017-04-01→ Common Stock (17,000 underlying) - Award
Performance-Based Market Stock Units (MSUs)
2013-04-01+17,500→ 17,500 totalExercise: $0.00From: 2016-04-01Exp: 2016-04-01→ Common Stock (17,500 underlying)
Footnotes (8)
- [F1]Recipient received 16.67% payout associated with a performance-based DSU award in the amount of 11,000 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 11,000 shares x 16.67% payout = 1833.7 shares) issued to recipient.
- [F2]Number of shares beneficially owned includes 2185.19 shares of Intersil Common Stock that was automatically purchased on 3/28/2013 as a result of recipients participation in the Intersil Corporation Employee Stock Purchase Plan.
- [F3]The time-based DSU award will vest 25% per year on the anniversary of the date of the award.
- [F4]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.
- [F5]The performance-based MSU award will become vested, if at all, on the third anniversary of the date of the award.
- [F6]The amount of the MSU award upon vesting may be as low as zero MSUs and as high as 35,000 MSUs, depending on Intersil's performance related to pre-established performance goals set by the Compensation Committee of the Board of Directors.
- [F7]Amendment to number of shares acquired - originally reported that 1833.7 shares were acquired by recipient; however, fractional share of .7 was not received by recipient, thus, actual shares acquired by recipient was 1833 shares.
- [F8]Amendment to this Form 4 reflects that recipient elected to have 673 shares withheld to cover taxes associated with the vest and release of 1833 performance-based deferred stock units which converted to common stock upon release to recipient.
Documents
Issuer
INTERSIL CORP/DE
CIK 0001096325
Entity typeother
Related Parties
1- filerCIK 0001445747
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 6:19 PM ET
- Size
- 18.2 KB