Filing Details

Accession Number:
0001209191-11-032373
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-06-01 19:58:44
Reporting Period:
2011-05-27
Filing Date:
2011-06-01
Accepted Time:
2011-06-01 19:58:44
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 2011-05-27 50,000 $6.57 663,306 No 4 S Indirect By Trust
Common Stock Acquisiton 2011-05-31 3,750 $4.28 667,056 No 5 J Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Trust
No 5 J Indirect By Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 286,982 Direct
Common Stock 22,889 Indirect By daughter
Footnotes
  1. Reflects shares held by the Klayko Living Trust, over which the Reporting Person and his spouse exercise investment and voting control.
  2. Voluntary filing for an automatic purchase under Brocade's 2009 Employee Stock Purchase Plan. Pursuant to the terms and conditions of that plan, shares are purchased at 85% of the Fair Market Value on the Offering Date or on the Exercise Date, whichever is lower. The purchase was exempt from Section 16(b) under Rule 16b-3(c).
  3. Shares were acquired directly by the Reporting Person pursuant to Brocade's 2009 Employee Stock Purchase Plan and were immediately transferred to the Klayko Living Trust, over which the Reporting Person and his spouse exercise investment and voting control.