SEC Form 4 · accession 0000899243-16-033118
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David R Golob
Director
Period of report
Nov 8, 2016
Accepted (ET)
Nov 10, 2016 · 10:17 am EST
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 StockF1,F3,F4 | Nov 8, 2016 | J | 1,597,424 | $0.00 | D | 2,561,930 | I | See footnotes |
| Common StockF2,F3,F4 | Nov 8, 2016 | J | 99,511 | $0.00 | A | 2,661,441 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 8, 2016, certain funds affiliated with Francisco Partners Management, L.P. (collectively, "Francisco Partners") made pro rata distributions of common stock of Barracuda Networks, Inc., par value $0.001 per share ("Common Stock"), without any additional consideration, to their respective limited and general partners.
- F2In connection with the transactions described in footnote 1 herein, these distributions of Common Stock included the disposition of Common Stock to other funds affiliated with Francisco Partners and to Mr. Golob or family trusts controlled by Mr. Golob.
- F3These securities include Common Stock directly held and beneficially owned by Francisco Partners as well as the 8,649 shares of Common Stock either directly held or beneficially owned, through one or more family trusts, by Mr. Golob.
- F4Mr. Golob, an officer of an affiliate of Francisco Partners, is a member of the board of directors of the Issuer. Mr. Golob disclaims beneficial ownership of any Common Stock of the Issuer that may be deemed to be beneficially owned by affiliates of Francisco Partners except to the extent of his pecuniary interest therein.