BROCADE COMMUNICATIONS SYSTEMS INC 4

4 · BROCADE COMMUNICATIONS SYSTEMS INC · Filed Apr 11, 2016

Form 4

Period: 2016-04-07

Director

Transactions

Award
Common Stock
2016-04-07+5,000→ 225,501 total
Exercise/Conversion
Common Stock
2016-04-08$4.19/sh+7,500$31,425→ 273,224 total
Exercise/Conversion
Common Stock
2016-04-08$4.19/sh+20,000$83,800→ 265,724 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2016-04-08−20,000→ 0 total
Exercise: $4.19From: 2010-04-15Exp: 2016-04-15→ Common Stock (20,000 underlying)
Award
Common Stock
2016-04-07+20,223→ 245,724 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2016-04-08−7,500→ 0 total
Exercise: $4.19From: 2013-04-15Exp: 2016-04-15→ Common Stock (7,500 underlying)

Footnotes (3)

[F1]Represents an annual grant of restricted stock units to the Chairman of the Board of Directors that will vest in full at Brocade's 2017 annual meeting of stockholders, subject to the terms of the 2009 Stock Plan, as amended. Each restricted stock unit represents a contingent right to receive one share of Brocade common stock.
[F2]Represents an automatic non-discretionary annual grant of restricted stock units that will vest in full no later than April 7, 2017 subject to the terms of the 2009 Director Plan, as amended. Each restricted stock unit represents a contingent right to receive one share of Brocade common stock.
[F3]Amount of securities beneficially owned includes 25,223 unvested restricted stock units.

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