SEC Form 4 · accession 0001397573-15-000002
EMULEX CORP /DE/ · ELX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Benck
Officer — President & CEO · Director
Period of report
Feb 4, 2015
Accepted (ET)
Feb 5, 2015 · 8:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350917
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 4, 2015 | S | 12,000 | $6.3453 | D | 335,555 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction pursuant to a 10b5-1 contract, instruction or written plan. The proceeds from the sale of these shares will be used to cover the Reporting Person's additional tax obligations associated with the restricted stock units that vest during CY2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.265 to $6.43, inclusively.