Tejinder Grewal, VP, Corporate Development at BROCADE COMMUNICATIONS SYSTEMS INC (BRCD), sold 525,000 shares at $6.62 ($3.5M) on 2011-02-18, disclosed to the SEC on 2011-02-23.
Scheduled sale ($3.5M) by VP, Corporate Development under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.62 | 14,583 | $97K | 2.8% |
| 2 | $6.62 | 160,417 | $1.1M | 30.6% |
| 3 | $6.62 | 350,000 | $2.3M | 66.7% |
| Total | $6.62 avg | 525,000 | $3.5M | 100% |
| Filing → |
| BRCD | SELL | 2009-12-03 | $34K | — | Filing → |
| BRCD | SELL | 2009-11-25 | $468K | — | Filing → |
| BRCD | SELL | 2007-11-27 | $637K | — | Filing → |