-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OcBoOgo6cMMHs7F5lIo4KDwJw6jF1cSeUOvbVSel6mwqUvScVQ6le6pRiFKcoDza +4nWOshycru19hkZqM+w+Q== 0000892569-00-000097.txt : 20000203 0000892569-00-000097.hdr.sgml : 20000203 ACCESSION NUMBER: 0000892569-00-000097 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20000119 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000124 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QLOGIC CORP CENTRAL INDEX KEY: 0000918386 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 330537669 STATE OF INCORPORATION: DE FISCAL YEAR END: 0328 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23298 FILM NUMBER: 511952 BUSINESS ADDRESS: STREET 1: 3545 HARBOR BLVD CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 7144382200 MAIL ADDRESS: STREET 1: 3545 HARBOR BOULEVARD CITY: COSTA MESA STATE: CA ZIP: 92626 FORMER COMPANY: FORMER CONFORMED NAME: Q LOGIC CORP DATE OF NAME CHANGE: 19940201 8-K 1 FORM 8-K DATED JANUARY 19, 2000 1 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) January 19, 2000 ---------------- QLOGIC CORPORATION ------------------ (Exact name of registrant as specified in its charter) Delaware 0-23298 33-0537669 ------------------------------------------------------ (State or other (Commission (IRS Employer jurisdiction File Number) Identification No) of incorporation) 3545 Harbor Boulevard, Costa Mesa, California 92626 --------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (714) 438-2200 -------------- Not Applicable -------------- (Former name or former address, if changed since last report) 2 ITEM 5. OTHER EVENTS On January 19, 2000, the Registrant's Board of Directors approved a two-for-one stock split of the Registrant's issued and outstanding Common Stock, to be effected by way of a stock dividend. The Board of Directors further determined that the record date for the stock split would be February 2, 2000, meaning that only stockholders of record on such date will be entitled to receive post-split shares of Common Stock. The payable date has been set at February 8, 2000, and the ex-dividend date will be February 9, 2000. Attached are the Registrant's Press Releases concerning the stock split. ITEM 7. EXHIBITS Exhibits: 99.1 Press Release dated January 19, 2000. 99.2 Press Release dated January 20, 2000. 2 3 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 thereunto duly authorized. QLOGIC CORPORATION Date: January 24, 2000 By: /S/ THOMAS R. ANDERSON ------------------------- Thomas R. Anderson Vice President--Finance, Chief Financial Officer 3 4 EXHIBIT INDEX Exhibits Description - -------- ----------- 99.1 Press Release dated January 19, 2000 99.2 Press Released dated January 20, 2000 4 EX-99.1 2 PRESS RELEASE DATED JANUARY 19, 2000 1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE EDITOR'S CONTACT: Thomas R. Anderson Michael R. Manning Vice President, CFO Secretary & Treasurer QLogic Corporation QLogic Corporation Phone: 714/668-5092 Phone: 714/668-5344 Fax: 714/668-5090 Fax: 714/668-5090 QLOGIC CORPORATION ANNOUNCES 2-FOR-1 STOCK SPLIT Costa Mesa, Calif., January 19, 2000 -- QLogic Corporation (Nasdaq:QLGC), a leading designer and supplier of semiconductor and board-level, input/output (I/O) and enclosure management products, announced today that its Board of Directors approved a two-for-one stock split of the Company's issued and outstanding common stock to be effected by way of a stock dividend. On the ex-dividend date of February 9, 2000, stockholders will be entitled to receive one additional share for every share they own on the record date of February 2, 2000. Following the effective date of the split, QLogic will have approximately 73 million shares outstanding. This action will be the third time that QLogic's stock has been split since the Company's stock commenced public trading. Previous two-for-one stock splits occurred in February 1999 and August 1999. QLogic Corporation is a leading designer and supplier of semiconductor and board-level I/O (input/output) and enclosure management products. The Company's products provide high-performance interface connections between computer systems and their attached data storage peripherals, such as hard disk drives, tape drives and RAID subsystems. In addition, QLogic provides enclosure management products that monitor and communicate management information related to components that are critical to computer system and storage subsystem reliability and availability. QLogic's highly integrated, fully featured solutions are targeted at the computer system, storage device and storage subsystem marketplaces. The Company believes 2 that its I/O and enclosure management solutions encompass one of the industry's broadest ranges of Fibre Channel and SCSI technologies, and offer OEM customers a simple, low risk migration path between technologies. With the exception of historical information, the statements set forth above include forward-looking statements that involve risks and uncertainties. The Company wishes to advise readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include uncertainties concerning the identification and integration of appropriate technology acquisitions and new technical personnel; new and changing technologies and uncertain customer acceptance of those technologies; a change in semiconductor foundry capacity or conditions; fluctuations in the growth of I/O markets; fluctuations or cancellations in orders from OEM customers; the Company's ability to compete effectively with other companies; cancellation of OEM products associated with design wins; and reductions in the need for space and increased costs of operations due to facility relocation. Carrying additional expansion space may increase costs and adversely impact future earnings. These and other factors which could cause actual results to differ materially are also discussed in the company's filings with the Securities and Exchange Commission, including its recent filings on Form S-3, Form 10-K, and Form 10-Q. Trademarks and registered trademarks are the property of the companies with which they are associated. More information on QLogic is available from the Company's SEC filings. Contact QLogic Corporation, 3545 Harbor Blvd., Costa Mesa, CA 92626. Sales 800/662-4471. Corporate 714/438-2200. World Wide Web http://www.qlc.com. EX-99.2 3 PRESS RELEASE DATED JANUARY 20, 2000 1 EXHIBIT 99.2 FOR IMMEDIATE RELEASE EDITOR'S CONTACT: Thomas R. Anderson Michael R. Manning Vice President, CFO Secretary & Treasurer QLogic Corporation QLogic Corporation Phone: 714/668-5092 Phone: 714/668-5344 Fax: 714/668-5090 Fax: 714/668-5090 QLOGIC CORPORATION CONFIRMS 2-FOR-1 STOCK SPLIT Costa Mesa, Calif., January 20, 2000 - QLogic Corporation (Nasdaq:QLGC), a leading designer and supplier of semiconductor and board-level, input/output (I/O) and enclosure management products, confirmed today that its Board of Directors approved a two-for-one split of the Company's issued and outstanding common stock to be effected by way of a stock dividend. The payable date for the stock dividend will be February 8, 2000, payable to stockholders of record on February 2, 2000. The Company's products provide high-performance interface connections between computer systems and their attached data storage peripherals, such as hard disk drives, tape drives and RAID subsystems. In addition, QLogic provides enclosure management products that monitor and communicate management information related to components that are critical to computer system and storage subsystem reliability and availability. QLogic's highly integrated, fully featured solutions are targeted at the computer system, storage device and storage subsystem marketplaces. The Company believes that its I/O and enclosure management solutions encompass one of the industry's broadest ranges of Fibre Channel and SCSI technologies, and offer OEM customers a simple, low risk migration path between technologies. 2 With the exception of historical information, the statements set forth above include forward-looking statements that involve risks and uncertainties. The Company wishes to advise readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include uncertainties concerning the identification and integration of appropriate technology acquisitions and new technical personnel; new and changing technologies and uncertain customer acceptance of those technologies; a change in semiconductor foundry capacity or conditions; fluctuations in the growth of I/O markets; fluctuations or cancellations in orders from OEM customers; the Company's ability to compete effectively with other companies; cancellation of OEM products associated with design wins; and reductions in the need for space and increased costs of operations due to facility relocation. Carrying additional expansion space may increase costs and adversely impact future earnings. These and other factors which could cause actual results to differ materially are also discussed in the company's filings with the Securities and Exchange Commission, including its recent filings on Form S-3, Form 10-K, and Form 10-Q. Trademarks and registered trademarks are the property of the companies with which they are associated. More information on QLogic is available from the Company's SEC filings. Contact QLogic Corporation, 3545 Harbor Blvd., Costa Mesa, CA 92626. Sales 800/662-4471. Corporate 714/438-2200. World Wide Web http://www.qlc.com. -----END PRIVACY-ENHANCED MESSAGE-----