EMULEX CORP /DE/ 4
4 · EMULEX CORP /DE/ · Filed May 7, 2015
Insider Transaction Report
Form 4
WESCOAT KYLE B
SVP, CFO, & Treasurer
Transactions
- Disposition from Tender
Common Stock
2015-05-05$8.00/sh−20,000$160,000→ 104,106 total - Disposition from Tender
Common Stock
2015-05-05$8.00/sh−17,834$142,672→ 86,272 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2015-05-05$0.74/sh−9,838$7,280→ 24,165 totalExercise: $7.26From: 2015-01-15Exp: 2020-01-14→ Common Stock (9,838 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-05-05$0.74/sh−14,365$10,630→ 16,176 totalExercise: $7.26From: 2015-01-15Exp: 2020-01-14→ Common Stock (14,365 underlying)
Footnotes (2)
- [F1]Exercisable as to 30% of the total stock options granted in year one, with an additional 30% becoming exercisable quarterly in year two and 40% becoming exercisable quarterly in year three.
- [F2]This option was cancelled in connection with the merger of merger of Emulex Corporation and Avago Technologies Wireless (U.S.A.) Manufacturing Inc., in exchange for a cash payment per share equal to the difference between $8.00 and the exercise price of the option.