EMULEX CORP /DE/ 4
4 · EMULEX CORP /DE/ · Filed Sep 17, 2014
Insider Transaction Report
Form 4
WICK RANDALL G
Other
Transactions
- Disposition to Issuer
Common Stock
2014-09-15−8,760→ 53,771 total - Exercise/Conversion
Cash Settled Units
2014-09-15−8,760→ 11,680 totalExercise: $0.00→ Common Stock (8,760 underlying) - Tax Payment
Common Stock
2014-09-15$5.20/sh−1,995$10,374→ 57,854 total - Tax Payment
Common Stock
2014-09-15$5.20/sh−4,083$21,232→ 53,771 total - Exercise/Conversion
Common Stock
2014-09-15+8,760→ 62,531 total
Footnotes (2)
- [F1]Consists of shares withheld by the company to satisfy the tax withholding obligations upon the vesting of an award of restricted stock units previously granted.
- [F2]Represents a portion of the cash settled units granted on September 15, 2012 as previously reported, of which 30% vested on September 15, 2014. Each vested cash settled unit was settled solely in cash equal to the price of one share of Emulex Corporation common stock on the vest date of September 15, 2014.