SEC FORM 3

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^*

Norrod Forrest Eugene

(Last)

(First)

(Middle)

C/O INTERSIL CORPORATION

1001 MURPHY RANCH ROAD

(Street)

MILPITAS

95035

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/27/2014

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

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

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)

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Deferred Stock Units (DSU) Award	⁽²⁾	⁽²⁾	Common Stock⁽¹⁾	5,576⁽¹⁾	$0	D
Deferred Stock Units (DSU) Award⁽³⁾	⁽⁴⁾	⁽⁴⁾	Common Stock⁽¹⁾	4,868⁽¹⁾	$0	D
Stock Options (Right to Buy)	10/27/2015⁽⁵⁾	10/27/2021	Common Stock	35,200	$13.45	D

Explanation of Responses:

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

2. Deferred Stock Units (DSUs) vest 33.333% per year over a 3-year period. This DSU award will be fully vested on October 27, 2017.

3. This DSU award reflects a pro-rata number of DSUs awarded based on an Annual Grant value of $120,000 taking into account time served as a director during the year of appointment to the Company's Board and the closing stock price of Intersil's Common Stock on the date of the award (10/27/2014).

4. This DSU award will become fully vested on the date that is one day prior to the Company's next Annual Shareholders' Meeting.

5. Stock options vest 33.333% per year over a 3-year period. This stock option grant will be fully vested on October 27, 2017.

Remarks:

	Debbie Ceraolo-Johnson by Power of Attorney	10/29/2014
	** 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 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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