Filing Details

Accession Number:
0001009626-12-000057
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-20 20:34:34
Reporting Period:
2012-12-18
Filing Date:
2012-12-20
Accepted Time:
2012-12-20 20:34:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1009626 Brocade Communications Systems Inc BRCD Computer Peripheral Equipment, Nec (3577) 770409517
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1229129 Michael Klayko 130 Holger Way
San Jose CA 95134
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-12-18 250,000 $5.48 528,277 No 4 S Indirect By Trust
Common Stock Disposition 2012-12-19 250,000 $5.84 278,277 No 4 S Indirect By Trust
Common Stock Disposition 2012-12-19 240,835 $5.46 268,045 No 4 S Direct
Common Stock Acquisiton 2012-12-19 615,000 $3.38 883,045 No 4 M Direct
Common Stock Disposition 2012-12-19 615,000 $5.46 268,045 No 4 S Direct
Common Stock Disposition 2012-12-20 250,000 $5.48 28,277 No 4 S Indirect By Trust
Common Stock Disposition 2012-12-20 226,372 $5.48 41,673 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Trust
No 4 S Indirect By Trust
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Indirect By Trust
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2012-12-19 615,000 $3.38 615,000 $3.38
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-11-01 2015-12-19 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 22,889 Indirect By Daughter
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $5.47 to $5.485, 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.
  2. Reflects shares held by the Klayko Living Trust, over which the Reporting Person and his spouse exercise investment and voting control.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $5.45 to $5.535, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $5.45 to $5.4601, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $5.40 to $5.52, 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.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $5.44 to $5.505, 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.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $5.48 to $5.485, 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.