SEC Form 4 · accession 0001209191-15-041970
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
May 11, 2015
Accepted (ET)
May 12, 2015 · 7:57 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 | May 11, 2015 | S | 15,000 | $38.85 | D | 514,660 | D | |
| Common StockF2,F3 | May 11, 2015 | S | 10,000 | $38.85 | D | 95,898 | I | By Trust |
| Common StockF4 | holding | — | — | — | 59,434 | I | By Trust | |
| Common StockF5 | holding | — | — | — | 59,434 | 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 11, 2015 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 $38.49 to $39.32, 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.
- F3The shares are held directly by The Faugno 2012 Irrevocable Trust
- 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.