SEC Form 4 · accession 0001009626-16-000203
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
Apr 5, 2016
Accepted (ET)
Apr 6, 2016 · 4:32 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 | Apr 5, 2016 | M | 20,000 | $4.19 | A | 136,981 | I | By Trust |
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) | $4.19 | Apr 5, 2016 | M | 20,000 | D | Apr 15, 2010 | Apr 15, 2016 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Amount of securities beneficially owned includes 16,751 unvested restricted stock units.
- F2Reflects shares held by the Krause Trust, over which the reporting person and his spouse exercise investment and voting control.