BROCADE COMMUNICATIONS SYSTEMS INC 4
4 · BROCADE COMMUNICATIONS SYSTEMS INC · Filed Dec 15, 2016
Insider Transaction Report
Form 4
DIPENTIMA RENATO A
Director
Transactions
- Exercise/Conversion
Common Stock
2016-12-13$6.32/sh+20,000$126,400→ 193,702 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2016-12-13−20,000→ 0 totalExercise: $6.32Exp: 2017-04-12→ Common Stock (20,000 underlying) - Tax Payment
Common Stock
2016-12-13$12.39/sh−10,202$126,403→ 183,500 total
Footnotes (3)
- [F1]Shares withheld for payment of exercise price pursuant to terms of the option agreement. The fair market value of Brocade common stock used for purposes of calculating the number of shares to be withheld was the closing price of Brocade common stock as reported on the NASDAQ Stock Market on December 13, 2016.
- [F2]Amount of securities beneficially owned includes 20,223 unvested restricted stock units.
- [F3]The options vested in full on April 12, 2011, subject to the terms of the 2009 Director Plan