Intersil (ISIL) Form 3 INTERSIL / Sunil Gupta ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Gupta Sunil

(Last) (First) (Middle)

INTERSIL CORPORATION

1001 MURPHY RANCH ROAD

(Street)

MILPITAS CA 95035

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/21/2016

3. Issuer Name and Ticker or Trading Symbol
INTERSIL CORP/DE [ ISIL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, Worldwide Operations

5. If Amendment, Date of Original Filed (Month/Day/Year)

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	38,589.76	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	12/03/2013(1)	12/03/2019	Common Stock	12,000	7.09	D
Deferred Stock Units Award (DSUs)	(2)	(6)	Common Stock	5,000(7)	0	D
Deferred Stock Units Award (DSUs)	(3)	(6)	Common Stock	7,616(7)	0	D
Deferred Stock Units Award (DSUs)	(4)	(6)	Common Stock	11,499(7)	0	D
Deferred Stock Units Award (DSUs)	(5)	(6)	Common Stock	20,880(7)	0	D
Deferred Stock Units Award (DSUs)	(5)	(6)	Common Stock	26,153(7)	0	D

Explanation of Responses:

1. Option vests 25% per year on the anniversary date of the grant. As of the date of this filing, 3,000 options are unvested; they will vest on December 3, 2016.

2. The DSUs associated with this award will vest on December 3, 2016.

3. The DSUs associated with this award will vest in equal installments of 3,808 shares on April 1, 2017 and April 1, 2018.

4. The DSUs associated with this award will vest in equal installments of 3,833 shares on April 1, 2017, April 1, 2018 and April 1, 2019.

5. The DSUs associated with this award vest at a rate of 25% annually on each anniversary of the date of the award.

6. Not Applicable.

7. Reflects the receipt of Common Stock upon the vesting of DSUs. Each DSU has the economic equivalent of one share of Intersil Common Stock.

	Debbie Ceraolo-Johnson by Power of Attorney	08/01/2016
	** 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 5 (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).
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