SEC Form 4 · accession 0001140361-15-014344
INTERSIL CORP/DE · ISIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Necip Sayiner
Officer — President and CEO · Director
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 3:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001096325
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 1, 2015 | M | 108,250 | $0.00 | A | 168,935 | D | |
| Common Stock | Apr 1, 2015 | F | 47,902 | $14.35 | D | 121,033 | D | |
| Common Stock | Apr 1, 2015 | M | 26,123 | $0.00 | A | 147,156 | D | |
| Common Stock | Apr 1, 2015 | F | 13,631 | $14.35 | D | 133,525 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock Units (DSUs)F1,F2,F3 | $0.00 | Apr 1, 2015 | A | 122,927 | A | — | — | Common Stock | 122,927 | 122,927 | D |
| Deferred Stock Units (DSUs)F1,F2,F3 | $0.00 | Apr 1, 2015 | M | 108,250 | D | — | — | Common Stock | 108,250 | 216,500 | D |
| Deferred Stock Units (DSUs)F1,F2,F3 | $0.00 | Apr 1, 2015 | M | 26,123 | D | — | — | Common Stock | 26,123 | 78,369 | D |
Explanation of responses
- F1Deferred Stock Units (DSUs) vest at a rate of 25% annually on each anniversary of the date of the award.
- F2Not applicable.
- F3Reflects the receipt of common stock upon the vesting of DSUs. Each DSU has the economic equivalent of one share of Intersil Common Stock.