SEC Form 4 · accession 0001009626-16-000201
BROCADE COMMUNICATIONS SYSTEMS INC · BRCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel W Fairfax
Officer — SVP and CFO
Period of report
Mar 29, 2016
Accepted (ET)
Mar 30, 2016 · 9:09 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,F2 | Mar 29, 2016 | S | 12,000 | $10.2316 | D | 256,211 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold pursuant to 10b5-1 trading plan previously adopted by the reporting person in December 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $10.185 to $10.27, 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.