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):November 8, 2005
EMULEX CORPORATION
(Exact name of registrant as specified in its charter)
| | | | | |
| Delaware | | 001-31353 | | 51-0300558 |
| | | | | |
(State or other
jurisdiction of
incorporation) | | (Commission File Number) | | (IRS Employer
Identification No.) |
3333 Susan Street
Costa Mesa, California 92626
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code:(714) 662-5600
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:
¨ 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))
TABLE OF CONTENTS
Item 1.01. Material Agreements
On November 8, 2005, Emulex Corporation (the “Company”) increased the base salaries of certain of its executive officers. The new base salaries for the Company’s Chairman and Chief Executive Officer and the four current executive officers of the Company who were the most highly compensated executive officers in fiscal 2005 are set forth in the table below:
| | | | | |
| Name and Title | | Fiscal 2006 Base Salary | |
| Paul F. Folino – Chairman and Chief Executive Officer | | $ | 578,948 | |
| James M. McCluney – President and Chief Operating Officer | | $ | 420,000 | |
| Karen Mulvany – Executive V.P., Business Planning and Development | | $ | 323,287 | |
| Michael J. Rockenbach – Executive V.P., and Chief Financial Officer | | $ | 308,024 | |
| William F. Gill – Executive V.P., Worldwide Sales | | $ | 247,242 | |
SIGNATURE
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.
| | | | | |
| | EMULEX CORPORATION
(Registrant)
| |
| Date: November 10, 2005 | By: | /s/ PAUL FOLINO | |
| | | Paul Folino, | |
| | | Chairman and Chief Executive Officer | |
| |
