Jones Glenn C 4
4 · BROCADE COMMUNICATIONS SYSTEMS INC · Filed Apr 13, 2011
Insider Transaction Report
Form 4
Jones Glenn C
Director
Transactions
- Award
Common Stock
2011-04-12+10,000→ 40,000 total - Award
Non-Qualified Stock Option (right to buy)
2011-04-12+20,000→ 20,000 totalExercise: $5.70Exp: 2018-04-12→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Represents an automatic non-discretionary annual grant of restricted stock units that vest in full on April 12, 2012 subject to the terms of the 2009 Director Plan. Each restricted stock unit represents a contingent right to receive one share of Brocade common stock.
- [F2]Automatic, non-discretionary annual grant of options pursuant to the 2009 Director Plan.
- [F3]The options vest in full on April 12, 2012, subject to the terms of the 2009 Director Plan.