SEC Form 4 · accession 0001140361-16-060277
INTERSIL CORP/DE · ISIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard D Crowley Jr.
Officer — SVP and CFO
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 4:49 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 StockF1 | Apr 1, 2016 | M | 7,500 | $0.00 | A | 57,932 | D | |
| Common Stock | Apr 1, 2016 | F | 2,797 | $13.41 | D | 55,135 | D | |
| Common Stock | Apr 1, 2016 | M | 8,536 | $0.00 | A | 63,671 | D | |
| Common Stock | Apr 1, 2016 | F | 3,208 | $13.41 | D | 60,463 | 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)F2,F3,F4 | $0.00 | Apr 1, 2016 | A | 34,713 | A | — | — | Common Stock | 34,713 | 34,713 | D |
| Deferred Stock Units (DSUs)F2,F3,F4 | $0.00 | Apr 1, 2016 | M | 7,500 | D | — | — | Common Stock | 7,500 | 15,000 | D |
| Deferred Stock Units (DSUs)F2,F3,F4 | $0.00 | Apr 1, 2016 | M | 8,536 | D | — | — | Common Stock | 8,536 | 25,610 | D |
Explanation of responses
- F1Number of shares beneficially owned includes 1459.86 shares of Intersil Common Stock that was automatically purchased on March 31, 2016 as a result of recipients participation in the Intersil Corporation Employee Stock Purchase Plan.
- F2Deferred Stock Units (DSUs) vest at a rate of 25% annually on each anniversary of the date of the award.
- F3Not applicable.
- F4Reflects the receipt of Common Stock upon the vesting of DSUs. Each DSU has the economic equivalent of one share of Intersil Common Stock.