BIRNBAUM JOEL S 4
4 · QLOGIC CORP · Filed Aug 24, 2010
Insider Transaction Report
Form 4
QLOGIC CORPQLGC
BIRNBAUM JOEL S
Director
Transactions
- Exercise/Conversion
Common Stock
2010-08-23+1,000→ 7,378 total - Exercise/Conversion
Common Stock
2010-08-20+793→ 6,378 total - Exercise/Conversion
Restricted Stock Units
2010-08-20−793→ 1,585 totalExercise: $0.00From: 2010-08-20→ Common Stock (793 underlying) - Exercise/Conversion
Restricted Stock Units
2010-08-23−1,000→ 0 totalExercise: $0.00From: 2010-08-23→ Common Stock (1,000 underlying)
Footnotes (3)
- [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.
- [F3]The restricted stock units vest in three equal annual installments beginning one year from the date of grant.