SEC Form 4 · accession 0001209191-15-033632
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Hughes
Officer — SVP, Worldwide Sales
Period of report
Apr 8, 2015
Accepted (ET)
Apr 10, 2015 · 8:10 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 StockF1 | Apr 8, 2015 | A | 25,000 | $0.00 | A | 60,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $42.92 | Apr 8, 2015 | A | 25,000 | A | — | Apr 8, 2025 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The reported shares are represented by restricted stock units which vest in four equal annual installments beginning on May 1, 2016.
- F2Shares subject to the option vest in sixteen equal quarterly installments beginning on August 8, 2015.