Deranleau Richard 4
4 · BROCADE COMMUNICATIONS SYSTEMS INC · Filed May 3, 2011
Insider Transaction Report
Form 4
Deranleau Richard
VP, Finance & CFO
Transactions
- Exercise/Conversion
Common Stock
2011-04-29+25,000→ 336,983 total - Tax Payment
Common Stock
2011-04-29$6.25/sh−9,170$57,313→ 327,813 total - Exercise/Conversion
Restricted Stock Units
2011-04-29−25,000→ 25,000 totalExercise: $0.00Exp: 2012-04-29→ Common Stock (25,000 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 agreement.