EMULEX CORP /DE/ 4
4 · EMULEX CORP /DE/ · Filed May 7, 2015
Insider Transaction Report
Form 4
Benck Jeff
E V P COO
Transactions
- Disposition from Tender
Common Stock
2015-05-05$8.00/sh−203,361$1,626,888→ 132,194 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2015-05-05$0.27/sh−321$87→ 11,643 totalExercise: $7.73From: 2014-09-15Exp: 2019-09-14→ Common Stock (321 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2015-05-05$0.26/sh−17,119$4,451→ 8,400 totalExercise: $7.74From: 2013-09-15Exp: 2018-09-14→ Common Stock (17,119 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-05-05$0.27/sh−17,144$4,629→ 9,702 totalExercise: $7.73From: 2014-09-15Exp: 2019-09-14→ Common Stock (17,144 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-05-05$0.26/sh−16,481$4,285→ 0 totalExercise: $7.74From: 2013-09-15Exp: 2018-09-14→ Common Stock (16,481 underlying)
Footnotes (3)
- [F1]Employee stock option granted under the Amended and Restated Emulex Corporation 2005 Equity Incentive Plan which vests and becomes exercisable as to 30% of the underlying shares on September 15, 2014,(ii) 7-1/2% of the underlying shares on each of December 15, 2014, March 15, 2015, June 15, 2015, and September 15, 2015, (iii) 10% of the underlying shares on each of December 15, 2015, March 15, 2016, June 15, 2016 and September 15, 2016.
- [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.
- [F3]Employee stock option granted pursuant to the Emulex Corporation 2005 Equity Incentive Plan which vests and becomes exercisable as to 30% of the underlying shares on September 15, 2013, (ii) 7-1/2% of the underlying shares on each of December 15, 2013, March 15, 2014, June 15, 2014, and September 15, 2014, (iii) 10% of the underlying shares on each of December 15, 2014, March 15, 2015, June 15, 2015 and September 15, 2015.