SEC Form 4 · accession 0001209191-15-001736

BARRACUDA NETWORKS INC · CUDA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Michael D Perone

Officer — Chief Marketing Officer & EVP · Director · 10% Owner

Period of report

Dec 31, 2014

Accepted (ET)

Jan 5, 2015 · 9:08 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 Stock^F2	Dec 31, 2014	S	1,120	$35.87	D	5,244,418	D
Common Stock^F3	Jan 2, 2015	S	1,543	$34.66	D	5,242,875	D
Common Stock^F4	Jan 2, 2015	S	697	$35.70	D	5,242,178	D
Common Stock^F5	Jan 5, 2015	S	1,120	$35.06	D	5,241,058	D
Common Stock^F2,F6	Dec 31, 2014	S	200	$35.87	D	225,821	I	By Trust
Common Stock^F3,F6	Jan 2, 2015	S	276	$34.66	D	225,545	I	By Trust
Common Stock^F4,F6	Jan 2, 2015	S	124	$35.70	D	225,421	I	By Trust
Common Stock^F5,F6	Jan 5, 2015	S	200	$35.11	D	225,221	I	By Trust
Common Stock^F2,F7	Dec 31, 2014	S	120	$35.87	D	620,579	I	By Trust
Common Stock^F3,F7	Jan 2, 2015	S	168	$34.67	D	620,411	I	By Trust
Common Stock^F4,F7	Jan 2, 2015	S	72	$35.71	D	620,339	I	By Trust
Common Stock^F5,F7	Jan 5, 2015	S	120	$35.06	D	620,219	I	By Trust
Common Stock^F2,F8	Dec 31, 2014	S	250	$35.87	D	1,271,650	I	By LLC
Common Stock^F3,F8	Jan 2, 2015	S	343	$34.65	D	1,271,307	I	By LLC
Common Stock^F4,F7	Jan 2, 2015	S	157	$35.69	D	1,271,150	I	By LLC
Common Stock^F5,F8	Jan 5, 2015	S	250	$35.06	D	1,270,900	I	By LLC
Common Stock	holding	—	—		—	462,744	I	By Spouse
Common Stock^F9	holding	—	—		—	262,179	I	By Trust
Common Stock^F10	holding	—	—		—	262,179	I	By Trust
Common Stock^F11	holding	—	—		—	128,523	I	By Trust

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 7, 2014 by the Reporting Person.
F10The shares are held directly by the by the 2010 Four Year Plan 9 Trust for which the Reporting Person serves as a trustee.
F11The shares are held directly by the Perone Family 2010 Irrevocable Trust - Exempt dated June 29, 2010 for which the Reporting Person serves as a trustee.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.70 to $36.02, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3), (4) and (5) to this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.41 to $35.33, inclusive.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.45 to $36.10, inclusive.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.50 to $35.25, inclusive.
F6The shares are held directly by the Perone Family 2010 Irrevocable Trust dated June 29, 2010 for which the Reporting Person serves as a trustee.
F7The shares are held directly by the Perone 2012 Irrevocable Trust for which the Reporting Person serves as a trustee.
F8The shares are held directly by Consulting2 LLC for which the Reporting Person serves as the managing member.
F9The shares are held directly by the 2010 Four Year Plan 3 Trust for which the Reporting Person serves as a trustee.