SMITH MICHAEL E 4
4 · EMULEX CORP /DE/ · Filed Oct 31, 2003
Insider Transaction Report
Form 4
SMITH MICHAEL E
EXEC. VP, WORLDWIDE MARKETING
Transactions
- Sale
Common Stock
2003-10-30$28.28/sh−6,250$176,737→ 0 total - Exercise/Conversion
Common Stock
2003-10-30$2.00/sh+6,250$12,500→ 6,250 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2003-10-30−6,250→ 0 totalExercise: $2.00From: 1999-10-19Exp: 2008-10-18→ Common Stock (6,250 underlying)
Holdings
- 18,750(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The shares are owned by The Smith Living Trust, of which Mr. Smith and his wife are co-trustees.
- [F2]Employee stock option granted pursuant to the Emulex Corporation Employee Stock Option Plan.
- [F3]Exercisable as to 25% of the total shares granted, with an additional 6.25% becoming exercisable every three months thereafter.