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)
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
2011-05-26+8,000→ 8,000 totalExercise: $0.00From: 2012-05-26→ Common Stock (8,000 underlying) - Award
Performance Restricted Stock Unit
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.