SEC Form 4 · accession 0001009626-15-000157
BROCADE COMMUNICATIONS SYSTEMS INC · BRCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lloyd Carney
Officer — Chief Executive Officer · Director
Period of report
Dec 15, 2015
Accepted (ET)
Dec 16, 2015 · 7:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001009626
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Dec 15, 2015 | A | 255,300 | A | — | Nov 1, 2018 | Common Stock | 255,300 | 255,300 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents a contingent right to receive one share of Brocade common stock.
- F2Subject to the provisions in the RSU agreement, the RSUs vest annually over three years from November 1, 2015.