SEC Form 4 · accession 0001209191-15-018134
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zachary S Levow
Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 8:50 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 StockF2 | Feb 20, 2015 | S | 10,398 | $37.96 | D | 2,970,968 | D | |
| Common StockF3 | Feb 20, 2015 | S | 40,035 | $38.78 | D | 2,930,933 | D | |
| Common StockF4 | Feb 23, 2015 | S | 59,209 | $38.94 | D | 2,871,724 | D | |
| Common StockF5 | Feb 23, 2015 | S | 5,148 | $39.59 | D | 2,866,576 | D | |
| Common StockF6 | Feb 24, 2015 | S | 78,266 | $38.41 | D | 2,788,310 | D | |
| Common StockF7 | Feb 24, 2015 | S | 15,830 | $38.96 | D | 2,772,480 | D | |
| Common StockF2,F8 | Feb 20, 2015 | S | 902 | $37.96 | D | 268,766 | I | By Trust |
| Common StockF3,F8 | Feb 20, 2015 | S | 3,483 | $38.78 | D | 265,283 | I | By Trust |
| Common StockF4,F8 | Feb 23, 2015 | S | 8,080 | $38.94 | D | 257,203 | I | By Trust |
| Common StockF5,F8 | Feb 23, 2015 | S | 703 | $39.59 | D | 256,500 | I | By Trust |
| Common StockF6,F8 | Feb 24, 2015 | S | 6,805 | $38.41 | D | 249,695 | I | By Trust |
| Common StockF7,F8 | Feb 24, 2015 | S | 1,377 | $38.96 | D | 248,318 | I | By Trust |
| Common Stock | holding | — | — | — | 102,470 | I | By Spouse |
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 by the Reporting Person on February 7, 2014.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.31 to $38.30, 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), (5), (6) and (7) 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 $38.31 to $39.15, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.45 to $39.44, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.45 to $39.71, inclusive.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.85 to $38.84, inclusive.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.85 to $39.13, inclusive.
- F8The shares are held directly by the Levow Family 2010 Irrevocable Trust, dated June 29, 2010 for which the Reporting Person serves as a trustee.