-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UlN9w1beONqgY7WD8jBg49z4nNIhKDLX5edy7bPuSvEFp6Zvo+PXNKXeYTzu4cKI J7GHZ8I7oGay1zX6cwDxyA== 0000950134-04-019496.txt : 20041217 0000950134-04-019496.hdr.sgml : 20041217 20041217135409 ACCESSION NUMBER: 0000950134-04-019496 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041215 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20041217 DATE AS OF CHANGE: 20041217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROCADE COMMUNICATIONS SYSTEMS INC CENTRAL INDEX KEY: 0001009626 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 770409517 STATE OF INCORPORATION: DE FISCAL YEAR END: 1028 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25601 FILM NUMBER: 041210837 BUSINESS ADDRESS: STREET 1: 1745 TECHNOLOGY DRIVE CITY: SAN JOSE STATE: CA ZIP: 95110 MAIL ADDRESS: STREET 1: 1745 TECHNOLOGY DRIVE CITY: SAN JOSE STATE: CA ZIP: 95110 8-K 1 f03821e8vk.htm FORM 8-K e8vk
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

December 15, 2004

BROCADE COMMUNICATIONS SYSTEMS, INC.

(Exact name of registrant as specified in its charter)
         
Delaware   000-25601   77-0409517
  		 
  		 
 
(State or other
jurisdiction of
incorporation) 		  (Commission File Number)   (IRS Employer
Identification No.)

1745 Technology Drive
San Jose, CA 95110
(Address of principal executive offices, including zip code)

408-333-8000
(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

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Item 1.01 Entry into a Material Definitive Agreement
SIGNATURES

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Item 1.01 Entry into a Material Definitive Agreement

On December 15, 2004, Brocade Communication Systems, Inc. (the “Company”) paid cash bonuses to the Company’s executive officers based on the achievement of performance goals set forth in the Company’s Senior Leadership Plan for fiscal year 2004, which was approved by the Compensation Committee of the Company’s Board of Directors. The bonus amounts paid to the individual executive officers were determined based on the actual operating margin performance in addition to other Company and departmental financial, strategic and operational metrics, including revenue, product development and planning, and reduction in functional operating expenses. The specific bonus amounts paid to the Company’s executive officers for fiscal year 2004 were as follows: Greg Reyes ($344,824), Antonio Canova ($151,750), Don Jaworski ($177,381), and Michael Klayko ($195,230).

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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  BROCADE COMMUNICATIONS SYSTEMS, INC.
 		  
Date: December 17, 2004  By:   /s/ Antonio Canova    
    Antonio Canova   
    Chief Financial Officer and Vice President, Administration  
 

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