Randall Marc 4
4 · BROCADE COMMUNICATIONS SYSTEMS INC · Filed Dec 15, 2009
Insider Transaction Report
Form 4
Randall Marc
SVP, Products & Offerings
Transactions
- Exercise/Conversion
Restricted Stock Units
2009-12-11−50,000→ 150,000 totalExp: 2012-12-11→ Common Stock (50,000 underlying) - Award
Restricted Stock Units
2009-12-11+36,000→ 36,000 totalExp: 2012-11-01→ Common Stock (36,000 underlying) - Exercise/Conversion
Common Stock
2009-12-11+50,000→ 50,100 total - Tax Payment
Common Stock
2009-12-11$7.41/sh−18,340$135,899→ 31,760 total
Footnotes (4)
- [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 restricted stock units pursuant to the terms of the restricted stock unit agreement.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Brocade common stock.
- [F4]Restricted stock units vest annually over three years from November 1, 2009.