X0303 4 2010-09-02 0 0000350917 EMULEX CORP /DE/ ELX 0001397573 Benck Jeff 3333 SUSAN STREET COSTA MESA CA 92626 0 1 0 0 President & COO Common Stock 2010-09-02 4 A 0 40000 0 A 203926 D Common Stock 2010-09-02 4 A 0 15000 0 A 218926 D Common Stock 2010-09-02 4 F 0 6052 9.95 D 212874 D Common Stock 2010-09-02 4 A 0 8000 0 A 220874 D Incentive Stock Option (right to buy) 9.95 2010-09-02 4 A 0 4500 0 A 2013-03-02 2016-09-01 Common Stock 4500 4500 D Incentive Stock Option (right to buy) 9.95 2010-09-02 4 A 0 878 0 A 2013-03-02 2016-09-01 Common Stock 878 5378 D Non-Qualified Stock Option (right to buy) 9.95 2010-09-02 4 A 0 10500 0 A 2011-09-02 2016-09-01 Common Stock 10500 10500 D Non-Qualified Stock Option (right to buy) 9.95 2010-09-02 4 A 0 83122 0 A 2011-09-02 2016-09-01 Common Stock 83122 93622 D Award of Restricted Stock Units granted under the Emulex Corporation 2005 Equity Incentive Plan, which vests 30% one year from grant date, 30% two years from grant date and 40% three years from grant date. Represents annual award to the Reporting Person. Award of Restricted Stock Units granted under the Emulex Corporation 2005 Equity Incentive Plan, which vests 30% one year from grant date, 30% two years from grant date and 40% three years from grant date. Award was granted to the Reporting Person in connection with his recent promotion. Consists of shares withheld by the company to satisfy the tax withholding obligations upon the vesting of a restricted stock previously granted. Represents performance stock unit consisting of restricted stock units granted under the Emulex Corporation 2005 Equity Incentive Plan which, subject to satisfaction of performance-based targets established by the company, will vest 30% one year from grant date, 30% two years from grant date, and 40% three years from grant date. Employee stock option granted pursuant to the Emulex Corporation 2005 Equity Incentive Plan. Vesting 30% on 1st anniversary of grant; 7-1/2% a quarter during the second year of the grant; and 10% a quarter during the third year of the grant. The stock options were granted to the Reporting Person in connection with his recent promotion. 1,500 ISO shares each will be exercisable March 2, 2013, June 2, 2013 and September 2, 2013. Employee stock option granted pursuant to the Emulex Corporation 2005 Equity Incentive Plan. Vesting 30% on 1st anniversary of grant; 7-1/2% a quarter during the second year of the grant; and 10% a quarter during the third year of the grant. Represents annual grant to the Reporting Person. 878 ISO shares will be exercisable on March 2, 2013. 4,500 NQ shares will be exercisable on September 2, 2011. 1,125 NQ shares will be exercisable on December 2, 2011. 1,219 NQ shares each will be exercisable on March 2, 2012, June 2, 2012, September 2, 2012 and December 2, 2012. 25,200 NQ shares will be exercisable on September 2, 2011. 6,300 NQ shares will be exercisable on December 2, 2011. 6,825 NQ shares each will be exercisable on March 2, 2012, June 2, 2012, September 2, 2012 and December 2, 2012. 8,107 NQ shares each will be exercisable on March 2, 2013, June 2, 2013 and September 2, 2013. By: Joyce Shinn, Attorney in Fact For: Jeffrey W. Benck 2010-09-07