<PAGE> 1
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MAY 25, 1999
REGISTRATION NO. 333-
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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BROCADE COMMUNICATIONS SYSTEMS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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<S> <C> <C>
DELAWARE 3577 77-0409517
(STATE OR OTHER JURISDICTION OF (PRIMARY STANDARD INDUSTRIAL (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) CLASSIFICATION CODE NUMBER) IDENTIFICATION NUMBER)
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1901 GUADALUPE PARKWAY
SAN JOSE, CALIFORNIA 95131
(408) 487-8000
(ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF
REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)
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GREGORY L. REYES
PRESIDENT AND CHIEF EXECUTIVE OFFICER
BROCADE COMMUNICATIONS SYSTEMS, INC.
1901 GUADALUPE PARKWAY
SAN JOSE, CALIFORNIA 95131
(408) 487-8000
(NAME, ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE,
OF AGENT FOR SERVICE)
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COPIES TO:
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<S> <C>
LARRY W. SONSINI GREGORY M. GALLO
JOHN T. SHERIDAN DENNIS C. SULLIVAN
ALISANDE M. ROZYNKO JULIE F. HANIGER
WILSON SONSINI GOODRICH & ROSATI GRAY CARY WARE & FREIDENRICH LLP
PROFESSIONAL CORPORATION 400 HAMILTON AVENUE
650 PAGE MILL ROAD PALO ALTO, CALIFORNIA 94301-1825
PALO ALTO, CALIFORNIA 94304-1050 (650) 328-6561
(650) 493-9300
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APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC:
As soon as practicable after the effective date of this Registration Statement.
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If any of the securities being registered on this Form are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, as amended, check the following box. [ ]
If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box
and list the Securities Act registration number of the earlier effective
registration statement for the same offering. [ ]
If this Form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [ ]
If delivery of the prospectus is expected to be made pursuant to Rule 434,
please check the following box. [ ]
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CALCULATION OF REGISTRATION FEE
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<S> <C> <C> <C> <C>
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PROPOSED MAXIMUM PROPOSED MAXIMUM
TITLE OF SECURITIES AMOUNT TO OFFERING PRICE AGGREGATE AMOUNT OF
TO BE REGISTERED BE REGISTERED(1) PER SHARE OFFERING PRICE(2) REGISTRATION FEE(3)
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Common Stock ($.001 par value)....... $3,737,500 $19.00 $71,012,500 $19,742
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(1) Includes 487,500 shares of common stock issuable upon exercise of the
underwriters' over-allotment option.
(2) Estimated solely for the purpose of calculating the amount of the
registration fee in accordance with Rule 457(a) of the Securities Act of
1933.
(3) $17,664 of the registration fee was previously paid.
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<PAGE> 2
INCORPORATION BY REFERENCE
The contents of the Registration Statement on Form S-1, as amended (File
No. 333-74711) filed by Brocade Communications Systems, Inc. and declared
effective May 24, 1999 are hereby incorporated by reference.
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Act, Brocade Communications
Systems, Inc. has duly caused this Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of San Jose,
State of California, on the 25th day of May, 1999.
BROCADE COMMUNICATIONS SYSTEMS, INC.
By: /s/ GREGORY L. REYES
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Gregory L. Reyes
President and Chief Executive
Officer
(Principal Executive Officer)
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated:
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<CAPTION>
SIGNATURE TITLE DATE
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<C> <S> <C>
/s/ SETH D. NEIMAN Chairman of the Board May 25, 1999
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Seth D. Neiman
/s/ GREGORY L. REYES President and Chief Executive Officer May 25, 1999
------------------------------------------ (Principal Executive Officer)
Gregory L. Reyes
/s/ MICHAEL J. BYRD Vice President, Finance and Chief May 25, 1999
------------------------------------------ Financial Officer (Principal
Michael J. Byrd Financial and Accounting Officer)
/s/ NEAL DEMPSEY Director
------------------------------------------
Neal Dempsey
/s/ MARK LESLIE Director May 25, 1999
------------------------------------------
Mark Leslie
/s/ LARRY W. SONSINI Director May 25, 1999
------------------------------------------
Larry W. Sonsini
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<PAGE> 4
EXHIBIT INDEX
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<CAPTION>
SEQUENTIALLY
EXHIBIT NUMBERED
NUMBER DESCRIPTION OF DOCUMENT PAGE
- ------- ------------------------------------------------------------ ------------
<C> <S> <C>
5.1 Opinion of Wilson Sonsini Goodrich & Rosati, P.C............
23.1 Consent of Independent Public Accountants, LLP..............
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<PAGE> 1
EXHIBIT 5.1
May 4, 1999
Brocade Communications Systems, Inc.
1901 Guadalupe Parkway
San Jose, CA 95131
RE: REGISTRATION STATEMENT ON FORM S-1
----------------------------------
Ladies and Gentlemen:
We have examined the Registration Statement on Form S-1, as amended, filed
by Brocade Communications Systems, Inc., a Delaware Corporation (the "Company"),
with the Securities and Exchange Commission in connection with the registration
under the Securities Act of 1933, as amended, of up to 3,737,500 shares of the
Company's Common Stock (including an over-allotment of up to 487,500 shares of
the Company's Common Stock granted to the underwriters) (the "Shares"). The
Shares are to be sold to the underwriters for resale to the public as described
in the Registration Statement and pursuant to the Underwriting Agreement filed
as an exhibit thereto. As legal counsel to the Company, we have examined the
proceedings proposed to be taken in connection with said sale and issuance of
the Shares.
Based upon the foregoing, we are of the opinion that the Shares, when
issued in the manner described in the Registration Statement, will be duly
authorized, validly issued, fully paid and nonassessable.
We consent to the use of this opinion as an exhibit to the Registration
Statement, and further consent to the use of our name wherever appearing in the
Registration Statement, including the Prospectus constituting a part thereof,
and any amendment thereto.
Very truly yours,
/s/ WILSON SONSINI GOODRICH & ROSATI, P.C.
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WILSON SONSINI GOODRICH & ROSATI
Professional Corporation
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EXHIBIT 23.1
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the use of our reports
and to all references to our Firm included in or made a part of this
registration statement.
ARTHUR ANDERSEN LLP
San Jose, California
May 20, 1999
