SEC Form 4 · accession 0000899243-18-003993
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen P Mullaney
Director
Period of report
Feb 12, 2018
Accepted (ET)
Feb 14, 2018 · 7:40 pm 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 | Feb 12, 2018 | D | 4,066 | — | D | 8,023 | D | |
| Common StockF2,F3 | Feb 12, 2018 | D | 8,023 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Agreement and Plan of Merger between the Issuer, Project Deep Blue Holdings, LLC, and Project Deep Blue Merger Corp. dated November 26, 2017 (the "Merger Agreement"), each share of Issuer common stock was exchanged for $27.55 in cash.
- F2The shares are represented by restricted stock units, or RSUs. Pursuant to the provisions of the Issuer's 2012 Equity Incentive Plan, the RSUs vested in full immediately prior to the closing of the merger.
- F3Pursuant to the Merger Agreement, the RSUs were cancelled and converted into the right to receive a cash payment of $221,033.65 which represents $27.55 for each outstanding unit.