MILTNER CAROL 4
4 · QLOGIC CORP · Filed Aug 28, 2006
Insider Transaction Report
Form 4
QLOGIC CORPQLGC
MILTNER CAROL
Director
Transactions
- Award
Restricted Stock Units
2006-08-24+3,000→ 3,000 total→ Common Stock (3,000 underlying) - Award
Stock Options (Right to buy)
2006-08-24+16,000→ 16,000 totalExercise: $17.37From: 2009-08-24Exp: 2016-08-24→ Common Stock (16,000 underlying)
Footnotes (3)
- [F1]Exercisable as to 1/3 of the shares one year from date of grant, with an additional 1/3 becoming exercisable every twelve months thereafter.
- [F2]Each restricted stock unit represents a contingent right to receive one share of QLogic common stock.
- [F3]The restricted stock units vest in three equal annual installments beginning one year from the date of grant.