SEC Form 4 · accession 0001009626-15-000088
BROCADE COMMUNICATIONS SYSTEMS INC · BRCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
L William Krause
Director
Period of report
Jun 11, 2015
Accepted (ET)
Jun 12, 2015 · 4:48 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 Stock | Jun 11, 2015 | M | 20,000 | $3.79 | A | 136,981 | D | |
| Common StockF1 | Jun 11, 2015 | S | 20,000 | $12.3735 | D | 116,981 | 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) | $3.79 | Jun 11, 2015 | M | 20,000 | D | Oct 29, 2009 | Oct 24, 2015 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.37 to $12.39, inclusive. The reporting person undertakes to provide Brocade Communications Systems, Inc., any security holder of Brocade Communications Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.