EMULEX CORP /DE/ 4
4 · EMULEX CORP /DE/ · Filed May 7, 2015
Insider Transaction Report
Form 4
Mulligan Perry
SVP Operations
Transactions
- Disposition to Issuer
Incentive Stock Option (right to buy)
2015-05-05$0.43/sh−8,322$3,578→ 10,172 totalExercise: $7.57From: 2014-08-15Exp: 2019-08-14→ Common Stock (8,322 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.