Home > Insider Trading > Filing (0001009626-17-000029)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1009626	Brocade Communications Systems Inc	BRCD	Computer Communications Equipment (3576)	770409517

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1204424	Lloyd Carney	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
Common Stock	Acquisiton	2017-03-22	333,333	$8.59	1,143,810	No	4	M	Direct
Common Stock	Disposition	2017-03-22	333,333	$12.48	810,477	No	4	S	Direct
Common Stock	Acquisiton	2017-03-22	239,166	$10.89	1,049,643	No	4	M	Direct
Common Stock	Disposition	2017-03-22	239,166	$12.48	810,477	No	4	S	Direct
Common Stock	Disposition	2017-03-22	94,792	$12.47	715,685	No	4	S	Direct
Common Stock	Disposition	2017-03-22	49,198	$12.47	666,487	No	4	S	Direct
Common Stock	Disposition	2017-03-22	51,964	$12.47	614,523	No	4	S	Direct
Common Stock	Disposition	2017-03-22	40,694	$12.47	573,829	No	4	S	Direct
Common Stock	Disposition	2017-03-22	241,769	$12.47	332,060	No	4	S	Direct
Common Stock	Disposition	2016-12-23	80,000	$0.00	252,060	No	5	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	5	G	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	2017-03-22	333,333	$0.00	333,333	$8.59
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2017-03-22	239,166	$0.00	239,166	$10.89

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
66,667		2020-12-09	No	4	M	Direct
170,834		2021-12-16	No	4	M	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.47 to $12.485, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.46 to $12.475, 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.
The options vest monthly over four years from November 1, 2013.
The options vest monthly over four years from November 1, 2014.