UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 22, 2013
QLOGIC CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 0-23298 | 33-0537669 | ||
(State of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
26650 Aliso Viejo Parkway, Aliso Viejo, California | 92656 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (949) 389-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 22, 2013, the Compensation Committee of the Board of Directors of QLogic Corporation, a Delaware corporation (the Company) approved annual cash incentive payments under the Companys annual incentive plan with respect to fiscal year 2013 for the Companys principal executive officer and principal financial officer and certain of the Companys executive officers whose compensation was disclosed in the Summary Compensation Table included in the Companys proxy statement for its last annual meeting of stockholders.
Name and Principal Position |
FY2013 Annual Cash Incentive | ||||
Jean Hu, Interim Chief Executive Officer, Senior Vice President and Chief Financial Officer(1) |
$ | 137,000 | |||
H.K. Desai, Executive Chairman |
$ | 282,500 | |||
Robert B. Crawford, Senior Vice President, Worldwide Sales |
$ | 116,600 | |||
Perry M. Mulligan, Senior Vice President, Worldwide Operations |
$ | 133,400 | |||
Douglas D. Naylor, Vice President, Finance(2) |
$ | 57,500 |
(1) Ms. Hu became our Interim Chief Executive Officer on May 17, 2013.
(2) Mr. Naylor served as Interim Chief Financial Officer from November 15, 2010 until April 25, 2011.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
QLOGIC CORPORATION
| ||||
May 29, 2013 | /s/ Jean Hu | |||
Jean Hu | ||||
Interim Chief Executive Officer, Senior Vice President and Chief Financial Officer |