FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sayiner Necip
2. Issuer Name and Ticker or Trading Symbol

INTERSIL CORP/DE [ ISIL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

C/O INTERSIL CORPORATION, 1001 MURPHY RANCH ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

4/1/2014
(Street)

MILPITAS, CA 95035
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   4/1/2014     M    108250   A $0   108250   D    
Common Stock   4/1/2014     F    47565   D $13.13   60685   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Time-Based Deferred Stock Units (DSUs)   $0   4/1/2014     A      104494         (1) 4/1/2018   Common Stock   104494   (2) $0   104494   D    
Performance-Based Market Stock Units (MSUs)   (4) $0   4/1/2014     A      108759         (3) 4/1/2017   Common Stock   108759   (4) (2) $0   108759   D    
Deferred Stock Units (DSUs)   $0   4/1/2014     M         108250      (1) 4/1/2017   Common Stock   108250   (2) $0   324750   D    

Explanation of Responses:
( 1)  The time-based DSU award will vest 25% per year on the anniversary date of the award.
( 2)  Reflects the receipt of common stock upon the vesting of DSUs or MSUs. Each DSU or MSU has the economic equivalent of one share of Intersil Common Stock.
( 3)  The performance-based MSU award will become vested, if at all, on the third anniversary of the date of the award.
( 4)  The amount of the MSU award upon vesting may be as low as 0 shares and as high as 217,518 shares, depending on Intersil's performance relative to pre-established performance goals set by the Compensation Committee of the Board of Directors.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Sayiner Necip
C/O INTERSIL CORPORATION
1001 MURPHY RANCH ROAD
MILPITAS, CA 95035
X
President and CEO

Signatures
Debbie Ceraolo-Johnson by Power of Attorney 4/3/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Intersil Corp. (NASDAQ:ISIL)
Historical Stock Chart
From Jul 2024 to Aug 2024 Click Here for more Intersil Corp. Charts.
Intersil Corp. (NASDAQ:ISIL)
Historical Stock Chart
From Aug 2023 to Aug 2024 Click Here for more Intersil Corp. Charts.