SEC Form 4 · accession 0001140361-16-084762
INTERSIL CORP/DE · ISIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Wendelken
Officer — SVP, Worldwide Sales
Period of report
Nov 1, 2016
Accepted (ET)
Nov 3, 2016 · 5:06 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 StockF4 | Nov 1, 2016 | M | 22,500 | $0.00 | A | 89,397 | D | |
| Common Stock | Nov 1, 2016 | F | 8,456 | $22.07 | D | 80,941 | 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 UnitsF1,F2,F3 | $0.00 | Nov 1, 2016 | M | 22,500 | D | — | — | Common Stock | 22,500 | 22,500 | D |
Explanation of responses
- F1Deferred Stock Units (DSUs) vest at a rate of 25% annually on each anniversary of the date of the award. This award will be fully vested on November 1, 2017.
- 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.
- F4Number of shares beneficially owned includes 321.74 shares of Intersil Common Stock that was automatically purchased on September 30, 2016 as a result of recipient's participation in the Intersil Corporation Employee Stock Purchase Plan.