SEC Form 4 · accession 0001009626-17-000070
BROCADE COMMUNICATIONS SYSTEMS INC · BRCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ken Cheng
Officer — CTO and SVP, Corporate Develop
Period of report
Jun 9, 2017
Accepted (ET)
Jun 13, 2017 · 9:14 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 | Jun 9, 2017 | S | 200,000 | $12.6193 | D | 252,338 | D | |
| Common StockF2 | holding | — | — | — | 225,727 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.61 to $12.635, 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.
- F2Reflects shares held by the Ken Kong Kin Cheng Trust dated 05/23/2006, over which the Reporting Person exercises investment and voting control.