SEC Form 4 · accession 0001140361-16-081715
INTERSIL CORP/DE · ISIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard D Crowley Jr.
Officer — SVP, CFO & Treasurer
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 5:14 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 | Oct 1, 2016 | M | 25,000 | $0.00 | A | 91,063 | D | |
| Common Stock | Oct 1, 2016 | F | 9,395 | $21.94 | D | 81,668 | 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 (DSU) AwardF3,F4,F2 | $0.00 | Oct 1, 2016 | M | 25,000 | D | — | — | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Number of shares beneficially owned includes 599.29 shares of Intersil Common Stock that was automatically purchased on 9/30/2016 as a result of recipients participation in the Intersil Corporation Employee Stock Purchase Plan.
- F2Reflects the receipt of Common Stock upon the vesting of DSUs. Each DSU has the economic equivalent of one share of Intersil Common Stock.
- F3DSUs vest at a rate of 25% annually on each anniversary of the date of the award. This DSU award will be fully vested on 10/1/2017.
- F4Not applicable.