Home/Filings/4/0001536545-13-000015
4//SEC Filing

EMULEX CORP /DE/ 4

Accession 0001536545-13-000015

CIK 0000350917operating

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 9:52 PM ET

Size

16.6 KB

Accession

0001536545-13-000015

Insider Transaction Report

Form 4
Period: 2013-09-15
Transactions
  • Exercise/Conversion

    Common Stock

    2013-09-15+11,700215,171 total
  • Award

    Incentive Stock Option (right to buy)

    2013-09-15+7,6127,612 total
    Exercise: $7.73Exp: 2019-09-14Common Stock (7,612 underlying)
  • Disposition to Issuer

    Common Stock

    2013-09-15$7.73/sh11,700$90,441203,471 total
  • Award

    Non-Qualified Stock Option (right to buy)

    2013-09-15+6,6186,618 total
    Exercise: $7.73Exp: 2019-09-14Common Stock (6,618 underlying)
  • Tax Payment

    Common Stock

    2013-09-15$7.73/sh2,593$20,044146,550 total
  • Award

    Common Stock

    2013-09-15+56,921203,471 total
  • Exercise/Conversion

    Cash Settled Units

    2013-09-1511,70027,300 total
    Exercise: $0.00Common Stock (11,700 underlying)
Footnotes (6)
  • [F1]Consists of shares withheld by the company to satisfy the tax withholding obligations upon the vesting of an award of restricted stock units previously granted.
  • [F2]Consists of 80% in the form of restricted stock units and 20% in the form of stock options, having an aggregate market value on the date of grant equal to $550,000.
  • [F3]Represents restricted stock units. Each restricted stock unit is granted under the Amended and Restated Emulex Corporation 2005 Equity Incentive Plan and represents a contingent right to receive one share of Emulex Corporation common stock.
  • [F4]The restricted stock units vest as to 30% of the underlying shares on each of September 15, 2014 and 2015, and as to 40% of the underlying shares on September 15, 2016.
  • [F5]Represents a portion of the cash settled units granted on September 15, 2012 as previously reported, of which 30% vested on September 15, 2013. Each vested cash settled unit was settled solely in cash equal to the price of one share of Emulex Corporation common stock on the vest date of September 15, 2013.
  • [F6]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.

Issuer

EMULEX CORP /DE/

CIK 0000350917

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000350917

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 9:52 PM ET
Size
16.6 KB