Parker Jesse L 4
4 · QLOGIC CORP · Filed May 31, 2011
Insider Transaction Report
Form 4
QLOGIC CORPQLGC
Parker Jesse L
VP and GM
Transactions
- Award
Stock Options (Right to buy)
[F1]2011-05-26+23,200→ 23,200 totalExercise: $15.64From: 2012-05-26Exp: 2021-05-25→ Common Stock (23,200 underlying) - Award
Restricted Stock Unit
[F2][F3]2011-05-26+8,000→ 8,000 totalExercise: $0.00From: 2012-05-26→ Common Stock (8,000 underlying) - Award
Performance Restricted Stock Unit
[F4][F5]2011-05-26+7,900→ 7,900 totalExercise: $0.00From: 2012-05-26→ Common Stock (7,900 underlying)
Footnotes (5)
- [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]Each performance restricted stock unit represents a contingent right to receive one share of QLogic common stock subject to the achievement of FY2012 business objectives.
- [F5]The performance restricted stock units vest in four equal annual installments beginning one year from the date of grant stock subject to the achievement of FY2012 business objectives.
Signature
Michael L. Hawkins as Attorney-In-Fact for Jesse L. Parker|2011-05-31