SEC Form 4 · accession 0001209191-16-120335
QLOGIC CORP · QLGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Rossiter
Director
Period of report
May 12, 2016
Accepted (ET)
May 16, 2016 · 4:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000918386
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 12, 2016 | M | 2,682 | $0.00 | A | 2,682 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | May 12, 2016 | M | 2,682 | D | May 12, 2016 | — | Common Stock | 2,682 | 5,366 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of QLogic common stock.
- F2The restricted stock units vest in three equal annual installments beginning one year from the date of grant.