SEC Form 4 · accession 0001209191-15-033849
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Faugno
Officer — Chief Financial Officer
Period of report
Apr 10, 2015
Accepted (ET)
Apr 13, 2015 · 8:13 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 | Apr 10, 2015 | S | 7,920 | $45.19 | D | 545,217 | D | |
| Common StockF3 | Apr 13, 2015 | S | 7,970 | $45.36 | D | 537,247 | D | |
| Common StockF2,F4 | Apr 10, 2015 | S | 1,254 | $45.19 | D | 61,228 | I | By Trust |
| Common StockF3,F4 | Apr 13, 2015 | S | 1,262 | $45.36 | D | 59,966 | I | By Trust |
| Common StockF2,F5 | Apr 10, 2015 | S | 1,254 | $45.19 | D | 61,228 | I | By Trust |
| Common StockF3,F5 | Apr 13, 2015 | S | 1,262 | $45.36 | D | 59,966 | I | By Trust |
| Common StockF6 | holding | — | — | — | 105,898 | I | By Trust | |
| Common Stock | holding | — | — | — | 42,666 | 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 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 $45.18 to $45.29, 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 $44.50 to $45.78, inclusive.
- F4The shares are held directly by the Drop Trust 2012 Three Year Annuity Trust for which the Reporting Person serves as a trustee.
- F5The shares are held directly by the Rock Trust 2012 Three Year Annuity Trust for which the Reporting Person serves as a trustee.
- F6The shares are held directly by The Faugno 2012 Irrevocable Trust