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Actionable news in BRCD: Brocade Communications Systems, Inc.,

Brocade Communications Systems's SVP and CFO just picked up 28,831 shares

Daniel W Fairfax, Brocade Communications Systems's SVP and CFO, recently acquired 28,831 shares of the company. The buys took place at prices ranging from $0.00 to $10.07 per share, on November 16, 2015. Fairfax now owns 279,617 shares of the company. Fairfax operates out of San Jose, CA. Some additional info was provided as follows:

Reflects the conversion of 50% of the shares referred to in footnote (4) 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. Shares automatically withheld for payment of tax withholding...

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