BIRNBAUM JOEL S 4
4 · QLOGIC CORP · Filed Aug 19, 2009
Insider Transaction Report
Form 4
QLOGIC CORPQLGC
BIRNBAUM JOEL S
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2009-08-19−585→ 1,169 totalExercise: $0.00From: 2009-08-19→ Common Stock (585 underlying) - Exercise/Conversion
Common Stock
2009-08-19+585→ 3,585 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of QLogic common stock.
- [F2]The restricted stock units vest in three equal annual installments beginning approximately one year from the date of grant. Each year's vesting date will be the earlier of (i) the day prior to the annual meeting of the Corporation's stockholders or (ii) the anniversary of the date of grant.