QLOGIC CORP 4
4 · QLOGIC CORP · Filed Jun 5, 2007
Insider Transaction Report
Form 4
QLOGIC CORPQLGC
Massetti Anthony
Senior VP and CFO
Transactions
- Award
Restricted Stock Unit
2007-06-01+25,000→ 25,000 totalExercise: $0.00From: 2008-06-01→ Common Stock (25,000 underlying) - Award
Stock Options (Right to buy)
2007-06-01+50,000→ 50,000 totalExercise: $16.58From: 2008-06-01Exp: 2017-06-01→ Common Stock (50,000 underlying) - Tax Payment
Common Stock
2007-06-01$16.58/sh−2,235$37,056→ 11,086 total - Exercise/Conversion
Restricted Stock Unit
2007-06-01−6,250→ 18,750 totalExercise: $0.00From: 2007-06-01→ Common Stock (6,250 underlying) - Exercise/Conversion
Common Stock
2007-06-01+6,250→ 13,321 total
Footnotes (4)
- [F1]Exercisable as to 25% of the shares on the first anniversary of the date of grant, with an additional 6.25% becoming exercisable every three 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 four equal annual installments beginning one year from the date of grant.
- [F4]The restricted stock units vest in three equal annual installments beginning one year from the date of grant.