SEC Form 4 · accession 0001209191-15-028073
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
Mar 18, 2015
Accepted (ET)
Mar 19, 2015 · 9:13 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 | Mar 18, 2015 | S | 1,120 | $38.02 | D | 5,124,913 | D | |
| Common StockF3 | Mar 19, 2015 | S | 1,120 | $38.35 | D | 5,123,793 | D | |
| Common StockF2,F4 | Mar 18, 2015 | S | 200 | $38.02 | D | 205,444 | I | By Trust |
| Common StockF3,F4 | Mar 19, 2015 | S | 200 | $38.35 | D | 205,244 | I | By Trust |
| Common StockF2,F5 | Mar 18, 2015 | S | 120 | $38.02 | D | 608,013 | I | By Trust |
| Common StockF3,F5 | Mar 19, 2015 | S | 120 | $38.35 | D | 607,893 | I | By Trust |
| Common StockF2,F6 | Mar 18, 2015 | S | 250 | $38.02 | D | 1,245,680 | I | By LLC |
| Common StockF3,F6 | Mar 19, 2015 | S | 250 | $38.35 | D | 1,245,430 | I | By LLC |
| Common Stock | holding | — | — | — | 462,744 | I | By Spouse | |
| Common StockF7 | holding | — | — | — | 262,179 | I | By Trust | |
| Common StockF8 | holding | — | — | — | 262,179 | I | By Trust | |
| Common StockF9 | 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.81 to $38.22, 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), and (3) 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 $38.20 to $38.40, inclusive.
- F4The shares are held directly by the Perone Family 2010 Irrevocable Trust dated June 29, 2010 for which the Reporting Person serves as a trustee.
- F5The shares are held directly by the Perone 2012 Irrevocable Trust for which the Reporting Person serves as a trustee.
- F6The shares are held directly Consulting2 LLC for which the Reporting Person serves as the managing member.
- F7The shares are held directly by the 2010 Four Year Plan 3 Trust for which the Reporting Person serves as a trustee.
- F8The shares are held directly by the 2010 Four Year Plan 9 Trust for which the Reporting Person serves as a trustee.
- F9The 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.