DESAI HK 4
4 · QLOGIC CORP · Filed May 29, 2013
Insider Transaction Report
Form 4
QLOGIC CORPQLGC
DESAI HK
DirectorCEO & Chairman
Transactions
- Exercise/Conversion
Common Stock
2013-05-24+10,735→ 271,055 total - Tax Payment
Common Stock
2013-05-24$9.34/sh−4,035$37,687→ 267,020 total - Exercise/Conversion
Restricted Stock Unit
2013-05-24−8,950→ 26,850 totalExercise: $0.00From: 2013-05-24→ Common Stock (8,950 underlying) - Exercise/Conversion
Restricted Stock Units
2013-05-26−8,950→ 17,900 totalExercise: $0.00From: 2013-05-26→ Common Stock (8,950 underlying) - Exercise/Conversion
Common Stock
2013-05-26+17,875→ 284,895 total - Tax Payment
Common Stock
2013-05-26$9.34/sh−6,719$62,755→ 278,176 total - Exercise/Conversion
Performance Restricted Stock Unit
2013-05-24−1,785→ 5,355 totalExercise: $0.00From: 2013-05-24→ Common Stock (1,785 underlying) - Exercise/Conversion
Performance Restricted Stock Unit
2013-05-26−8,925→ 17,850 totalExercise: $0.00From: 2013-05-26→ Common Stock (8,925 underlying)
Footnotes (8)
- [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]Performance restricted stock units earned.
- [F6]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 specific objectives.
- [F7]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.
- [F8]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.