SEC Form 4 · accession 0001249817-15-000004
QLOGIC CORP · QLGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jean X. Hu
Officer — Senior VP and CFO
Period of report
Apr 25, 2015
Accepted (ET)
Apr 27, 2015 · 5:26 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 | Apr 25, 2015 | M | 3,250 | $0.00 | A | 29,194 | D | |
| Common StockF1 | Apr 25, 2015 | F | 1,193 | $15.255 | D | 28,001 | 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 UnitF2,F3 | $0.00 | Apr 25, 2015 | M | 3,250 | D | Apr 25, 2015 | — | Common Stock | 3,250 | 0 | D |
Explanation of responses
- F1Shares withheld to satisfy minimum withholding tax.
- F2Each restricted stock unit represents a contingent right to receive one share of QLogic common stock.
- F3The restricted stock units vest in four equal annual installments beginning one year from the date of grant.