SEC Form 4 · accession 0001209191-15-043979
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
SEQUOIA CAPITAL FRANCHISE FUND LP
10% Owner
SCFF MANAGEMENT LLC
10% Owner
SEQUOIA CAPITAL GROWTH PARTNERS III
10% Owner
SEQUOIA CAPITAL GROWTH FUND III
10% Owner
SCGF III MANAGEMENT LLC
10% Owner
Period of report
May 15, 2015
Accepted (ET)
May 18, 2015 · 7:00 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,F2 | May 15, 2015 | J | 1,553,495 | — | D | 3,883,737 | I | By Sequoia Capital Growth Fund III, L.P. |
| Common StockF1,F2 | May 15, 2015 | J | 52,754 | — | D | 131,885 | I | By Sequoia Capital Growth III Principals Fund, LLC |
| Common StockF1,F2 | May 15, 2015 | J | 11,684 | — | D | 29,210 | I | By Sequoia Capital Growth Partners III, LP |
| Common StockF1,F3 | May 15, 2015 | J | 330,384 | — | D | 825,958 | I | By Sequoia Capital Franchise Fund, L.P |
| Common StockF1,F3 | May 15, 2015 | J | 45,054 | — | D | 112,633 | I | By Sequoia Capital Franchise Partners, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a pro rata in-kind distribution of Common Stock of the Issuer to partners or members and includes subsequent distributions by general partners or managing members to their respective partners or members.
- F2SCGF III Management, LLC ("SCGF III Management") is the general partner of Sequoia Capital Growth Fund III, L.P. and Sequoia Capital Growth Partners III, L.P., and is the managing member of Sequoia Capital Growth III Principals Fund, LLC. As a result, SCGF III Management may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Growth Fund III, L.P., Sequoia Capital Growth Partners III, L.P. and Sequoia Capital Growth III Principals Fund, LLC. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- F3SCFF Management, LLC ("SCFF Management") is the general partner of Sequoia Capital Franchise Fund, L.P. and Sequoia Capital Franchise Partners, L.P. As a result, SCFF Management may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Franchise Fund, L.P. and Sequoia Capital Franchise Partners, L.P. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.