SEC Form 4 · accession 0001009626-15-000026
BROCADE COMMUNICATIONS SYSTEMS INC · BRCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan L Earhart
Director
Period of report
Mar 5, 2015
Accepted (ET)
Mar 6, 2015 · 6:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001009626
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 5, 2015 | M | 20,000 | $5.70 | A | 95,000 | D | |
| Common Stock | Mar 5, 2015 | S | 20,000 | $12.39 | D | 75,000 | D | |
| Common Stock | Mar 5, 2015 | M | 20,000 | $6.32 | A | 95,000 | D | |
| Common Stock | Mar 5, 2015 | S | 20,000 | $12.39 | D | 75,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $5.70 | Mar 5, 2015 | M | 20,000 | D | — | Apr 12, 2018 | Common Stock | 20,000 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $6.32 | Mar 5, 2015 | M | 20,000 | D | — | Apr 12, 2017 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1The options vested in full on April 12, 2012.
- F2The options vested in full on April 12, 2011.