Investor Elliott With 11.3% Stake in Emulex

Here is a recent SEC filing by Emulex:

This statement is filed with respect to the shares of the common stock, $0.01 par value, of Emulex Corporation, beneficially owned by Elliott Associates, L.P. and its wholly-owned subsidiaries (collectively, Elliott), Elliott International, L.P. (Elliott International) and Elliott International Capital Advisors Inc. (EICA) as of December 13, 2012 and amends and supplements the Schedule 13D filed on November 23, 2012. Except as set forth herein, the Schedule 13D is unmodified.

Elliott individually beneficially owns 3,124,149 shares of Common Stock, which constitute approximately 3.48% of the outstanding shares of Common Stock.

Elliott International and EICA beneficially own an aggregate of 5,801,778 shares of Common Stock, which constitute approximately 6.47% of all of the outstanding shares of Common Stock. 

Collectively, Elliott, Elliott International and EICA beneficially own 8,925,927 shares of Common Stock constituting 9.96% of all of the outstanding shares of Common Stock, and, in the aggregate, an economic interest in additional 1.34% of the outstanding shares of Common Stock as further described in Item 6 below.

Item 6.
Contracts, Arrangements, Understandings or Relationships
With Respect to Securities of the Issuer.
Elliott and Elliott International have entered into notional principal amount derivative agreements with respect to 421,050 and 781,950 shares of Common Stock of the Issuer, respectively (representing an economic interest in 0.47% and 0.87% of the shares of Common Stock of the Issuer, respectively)  Collectively, the Derivative Agreements held by the Reporting Persons represent the economic equivalent of an interest in 1.34% of the shares of Common Stock. The Derivative Agreements provide Elliott and Elliott International with economic results that are comparable to the economic results of ownership but do not provide them with the power to vote or direct the voting or dispose of or direct the disposition of the shares that are the subject of the Derivative Agreements. The counterparties to the Derivative Agreements are unaffiliated third party financial institutions. 

Except as described above in this Item 6, none of the Reporting Persons has any contracts, arrangements, understandings or relationships with respect to the securities of the Issuer.