0001009626-13-000106.txt : 20131115
0001009626-13-000106.hdr.sgml : 20131115
20131115182339
ACCESSION NUMBER: 0001009626-13-000106
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20131114
FILED AS OF DATE: 20131115
DATE AS OF CHANGE: 20131115
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BROCADE COMMUNICATIONS SYSTEMS INC
CENTRAL INDEX KEY: 0001009626
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
IRS NUMBER: 770409517
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1025
BUSINESS ADDRESS:
STREET 1: 130 HOLGER WAY
CITY: SAN JOSE
STATE: CA
ZIP: 95134-1376
BUSINESS PHONE: (408) 333-8000
MAIL ADDRESS:
STREET 1: 130 HOLGER WAY
CITY: SAN JOSE
STATE: CA
ZIP: 95134-1376
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FAIRFAX DANIEL W
CENTRAL INDEX KEY: 0001281634
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25601
FILM NUMBER: 131225003
MAIL ADDRESS:
STREET 1: 1421 MCCARTHY BLVD.
CITY: MILPITAS
STATE: CA
ZIP: 95035
4
1
wf-form4_138455780818130.xml
FORM 4
X0306
4
2013-11-14
0
0001009626
BROCADE COMMUNICATIONS SYSTEMS INC
BRCD
0001281634
FAIRFAX DANIEL W
130 HOLGER WAY
SAN JOSE
CA
95134
0
1
0
0
CFO, VP of Finance
Common Stock
2013-11-14
4
M
0
112500
0
A
234278
D
Common Stock
2013-11-14
4
F
0
58601
8.14
D
175677
D
Common Stock
150000
I
By Trust
Restricted Stock Units
2013-11-14
4
A
0
225000
0
A
2014-10-26
Common Stock
225000.0
225000
D
Restricted Stock Units
2013-11-14
4
M
0
112500
0
D
2014-10-26
Common Stock
112500.0
112500
D
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.
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.
Reflects shares held by the Daniel and Linda Fairfax Revocable Trust, over which the Reporting Person and his spouse exercise investment and voting control.
Each restricted stock unit represents a contingent right to receive one share of Brocade common stock.
The restricted stock units were granted upon achievement of certain performance objectives pursuant to the performance-based restricted stock units granted November 28, 2011 under Brocade's 2009 Stock Plan. The performance period for the restricted stock units was October 30, 2011 until October 26, 2013, with vesting subject to approval of the performance calculation by Brocade's Compensation Committee. This approval was obtained on November 14, 2013. As a result, 50% of the restricted stock units vested on that date and the remaining 50% will vest on October 26, 2014, subject to the terms of the performance-based restricted stock unit agreement.
Reflects the conversion of 50% of the shares referred to in footnote (5) in this Form 4 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.
/s/ Daniel W. Fairfax
2013-11-15