FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Benck Jeff
2. Issuer Name and Ticker or Trading Symbol

EMULEX CORP /DE/ [ ELX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President & CEO
(Last)          (First)          (Middle)

3333 SUSAN STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

5/5/2015
(Street)

COSTA MESA, CA 92626
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   5/5/2015     U    203361.0   D $8.0   132194   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy)   $7.73   5/5/2015     D         321.0    9/15/2014   (1) 9/14/2019   Common Stock   321   $0.27   (2) 11643   D    
Incentive Stock Option (right to buy)   $7.74   5/5/2015     D         17119.0    9/15/2013   (3) 9/14/2018   Common Stock   17119   $0.26   (2) 8400   D    
Non-Qualified Stock Option (right to buy)   $7.73   5/5/2015     D         17144.0    9/15/2014   (1) 9/14/2019   Common Stock   17144   $0.27   (2) 9702   D    
Non-Qualified Stock Option (right to buy)   $7.74   5/5/2015     D         16481.0    9/15/2013   (3) 9/14/2018   Common Stock   16481   $0.26   (2) 0   D    

Explanation of Responses:
( 1)  Employee stock option granted under the Amended and Restated Emulex Corporation 2005 Equity Incentive Plan which vests and becomes exercisable as to 30% of the underlying shares on September 15, 2014,(ii) 7-1/2% of the underlying shares on each of December 15, 2014, March 15, 2015, June 15, 2015, and September 15, 2015, (iii) 10% of the underlying shares on each of December 15, 2015, March 15, 2016, June 15, 2016 and September 15, 2016.
( 2)  This option was cancelled in connection with the merger of merger of Emulex Corporation and Avago Technologies Wireless (U.S.A.) Manufacturing Inc., in exchange for a cash payment per share equal to the difference between $8.00 and the exercise price of the option.
( 3)  Employee stock option granted pursuant to the Emulex Corporation 2005 Equity Incentive Plan which vests and becomes exercisable as to 30% of the underlying shares on September 15, 2013, (ii) 7-1/2% of the underlying shares on each of December 15, 2013, March 15, 2014, June 15, 2014, and September 15, 2014, (iii) 10% of the underlying shares on each of December 15, 2014, March 15, 2015, June 15, 2015 and September 15, 2015.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Benck Jeff
3333 SUSAN STREET
COSTA MESA, CA 92626
X
President & CEO

Signatures
By: Joyce Shinn as attorney in fact For: Jeffrey W. Benck 5/7/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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