SEC Form 4 · accession 0000899243-16-031988
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Goetz
Director
Period of report
Oct 17, 2016
Accepted (ET)
Oct 19, 2016 · 5:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001348334
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Oct 17, 2016 | J | 1,941,868 | $0.00 | D | 0 | I | By Sequoia Capital Growth Fund III, L.P. |
| Common StockF2 | Oct 17, 2016 | J | 14,605 | $0.00 | D | 0 | I | By Sequoia Capital Growth Partners III, L.P. |
| Common StockF2 | Oct 17, 2016 | J | 65,942 | $0.00 | D | 0 | I | By Sequoia Capital Growth III Principals Fund, LLC |
| Common StockF2 | Oct 17, 2016 | J | 56,317 | $0.00 | D | 0 | I | By Sequoia Capital Franchise Partners, L.P. |
| Common Stock | Oct 17, 2016 | J | 52,505 | $0.00 | A | 267,363 | D | |
| Common StockF4 | Oct 17, 2016 | J | 393 | $0.00 | A | 1,227 | I | By Family Trust |
| Common Stock | Oct 19, 2016 | J | 735 | $0.00 | A | 268,098 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a pro rata in-kind distribution of Common Stock of the Issuer to partners or members and includes subsequent distributions by general partners or managing members to their respective partners or members.
- F2James J. Goetz is a managing member of SCGF III Management, LLC ("SCGF III Management"). SCGF III Management is the general partner of Sequoia Capital Growth Partners III, L.P. ("SCGP III") and Sequoia Capital Growth Fund III, L.P. ("SCGF III") and is the managing member of Sequoia Capital Growth III Principals Fund, LLC ("SCG III"). In addition, Mr. Goetz is a limited partner of Sequoia Capital Franchise Partners, L.P. ("SCFP"). By virtue of these relationships, Mr. Goetz may be deemed to share beneficial ownership of the shares held by SCGP III, SCGF III, SCG III and SCFP. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
- F3Represents the receipt of shares of Common Stock of the Issuer by virtue of the pro rata in-kind distributions described in footnote (1) above as follows: (i) 51,585 shares from SCGF III to the Reporting Person; (ii) 590 shares from SCG III to the Reporting Person; (iii) 330 shares from SCFP to the Reporting Person; and (iv) 393 shares from SCG III to a family trust.
- F4Shares held by a family trust. The Reporting Person may be deemed to beneficially own the shares held by a family trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.
- F5Represents the receipt of shares by the reporting person pursuant to a pro rata in-kind distribution of Common Stock of the Issuer by Francisco Partners Parallel Fund III, L.P. to its partners or members.