Grewal Tejinder 4
4 · BROCADE COMMUNICATIONS SYSTEMS INC · Filed Nov 2, 2010
Insider Transaction Report
Form 4
Grewal Tejinder
VP, Corporate Development
Transactions
- Exercise/Conversion
Common Stock
2010-10-29+103,625→ 103,625 total - Exercise/Conversion
Common Stock
2010-11-01+80,000→ 145,616 total - Tax Payment
Common Stock
2010-10-29$6.35/sh−38,009$241,357→ 65,616 total - Exercise/Conversion
Restricted Stock Units
2010-10-29−103,625→ 0 totalExercise: $0.00Exp: 2010-10-29→ Common Stock (103,625 underlying) - Exercise/Conversion
Restricted Stock Units
2010-11-01−12,000→ 24,000 totalExercise: $0.00Exp: 2012-11-01→ Common Stock (12,000 underlying) - Exercise/Conversion
Common Stock
2010-11-01+12,000→ 124,408 total - Tax Payment
Common Stock
2010-11-01$6.41/sh−33,208$212,863→ 112,408 total - Tax Payment
Common Stock
2010-11-01$6.41/sh−4,401$28,210→ 120,007 total - Exercise/Conversion
Restricted Stock Units
2010-11-01−80,000→ 0 totalExercise: $0.00Exp: 2010-11-01→ Common Stock (80,000 underlying)
Footnotes (2)
- [F1]Reflects the conversion of previously granted restricted stock units into shares of Brocade common stock in connection with the vesting of the restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Brocade common stock.
- [F2]Shares automatically withheld for payment of tax withholding liability in connection with vesting of the restricted stock units pursuant to terms of the restricted stock unit agreement.