SEC Form 4 · accession 0001209191-15-033651
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zachary S Levow
Director
Period of report
Apr 8, 2015
Accepted (ET)
Apr 10, 2015 · 9:03 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 Stock | Dec 26, 2014 | G | 1,588 | $0.00 | D | 2,540,268 | D | |
| Common Stock | Mar 10, 2015 | G | 13,250 | $0.00 | D | 2,527,018 | D | |
| Common StockF1 | Apr 8, 2015 | A | 40,000 | $0.00 | A | 2,567,018 | D | |
| Common StockF2 | holding | — | — | — | 228,263 | I | By Trust | |
| Common Stock | holding | — | — | — | 102,470 | I | By Spouse |
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)F3 | $42.92 | Apr 8, 2015 | A | 40,000 | A | — | Apr 8, 2025 | Common Stock | 40,000 | 40,000 | 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.
- F2The shares are held directly by the Levow Family 2010 Irrevocable Trust, dated June 29, 2010 for which the Reporting Person serves as a trustee.
- F3Shares subject to the Option vest in sixteen equal quarterly installments beginning on August 8, 2015.