QLOGIC CORP 4

4 · QLOGIC CORP · Filed Jun 7, 2016

Form 4

Period: 2016-06-03

VP and GM

Transactions

Award
Performance Restricted Stock Unit
2016-06-03+16,148→ 16,148 total
Exercise: $0.00From: 2019-06-03→ Common Stock (16,148 underlying)
Exercise/Conversion
Common Stock
2016-06-06+6,765→ 18,354 total
Tax Payment
Common Stock
2016-06-06$13.79/sh−2,544$35,082→ 15,810 total
Exercise/Conversion
Restricted Stock Unit
2016-06-06−5,000→ 5,000 total
Exercise: $0.00From: 2016-06-06→ Common Stock (5,000 underlying)
Award
Restricted Stock Unit
2016-06-03+19,956→ 19,956 total
Exercise: $0.00From: 2017-06-03→ Common Stock (19,956 underlying)
Exercise/Conversion
Performance Restricted Stock Unit
2016-06-06−1,765→ 1,766 total
Exercise: $0.00From: 2016-06-06→ Common Stock (1,765 underlying)

Footnotes (7)

[F1]Shares withheld to satisfy minimum withholding tax
[F2]Each restricted stock unit represents a contingent right to receive one share of QLogic common stock.
[F3]The restricted stock units vest in four equal annual installments beginning one year from the date of grant.
[F4]Each performance restricted stock unit represents a contingent right to receive shares of QLogic common stock subject to the achievement of specific objectives.
[F5]The performance restricted stock units vest on the third anniversary of the date of grant, subject to the achievement of specific objectives.
[F6]Performance restricted stock units earned.
[F7]The performance restricted stock units vest as to 50% of the shares on the second anniversary of the date of grant, and 25% of the shares vesting annually thereafter, subject to the achievement of specific objectives.

Documents

1 file