SEC Form 4 · accession 0001009626-15-000050
BROCADE COMMUNICATIONS SYSTEMS INC · BRCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L House
Director
Period of report
Apr 7, 2015
Accepted (ET)
Apr 8, 2015 · 5:51 pm EDT
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 StockF1 | Apr 7, 2015 | A | 16,751 | $0.00 | A | 195,501 | D | |
| Common StockF2,F3 | Apr 7, 2015 | A | 5,000 | $0.00 | A | 200,501 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an automatic non-discretionary annual grant of restricted stock units that will vest in full no later than April 7, 2016 subject to the terms of the 2009 Director Plan, as amended. Each restricted stock unit represents a contingent right to receive one share of Brocade common stock.
- F2Represents an annual grant of restricted stock units to the Chairman of the Board of Directors that will vest in full at Brocade's 2016 annual meeting of stockholders, subject to the terms of the 2009 Stock Plan, as amended. Each restricted stock unit represents a contingent right to receive one share of Brocade common stock.
- F3Amount of securities beneficially owned includes 21,751 unvested restricted stock units.