Grewal Tejinder 4
4 · BROCADE COMMUNICATIONS SYSTEMS INC · Filed May 3, 2011
Insider Transaction Report
Form 4
Grewal Tejinder
VP, Corporate Development
Transactions
- Exercise/Conversion
Common Stock
2011-04-29+37,500→ 47,047 total - Tax Payment
Common Stock
2011-04-29$6.25/sh−13,755$85,969→ 33,292 total - Exercise/Conversion
Restricted Stock Units
2011-04-29−37,500→ 37,500 totalExercise: $0.00Exp: 2012-04-29→ Common Stock (37,500 underlying)
Footnotes (2)
- [F1]Reflects the conversion of previously granted restricted stock units into shares of Brocade commonn 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.