SEC Form 4 · accession 0001209191-15-059844

BARRACUDA NETWORKS INC · CUDA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Jul 1, 2015

Accepted (ET)

Jul 6, 2015 · 8:49 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
Common Stock	Jul 1, 2015	M	15,000	$12.66	A	777,668	D
Common Stock^F2	Jul 1, 2015	S	13,600	$39.69	D	764,068	D
Common Stock^F3	Jul 1, 2015	S	1,400	$40.41	D	762,668	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F4	$12.66	Jul 1, 2015	M	15,000	D	—	Nov 5, 2022	Common Stock	15,000	695,000	D

F1The sales reported in this Form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the Reporting Person on February 13, 2015.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.27 to $40.24, inclusive within the ranges set forth in footnotes (2) and (3) to this Form 4. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.32 to $40.64, inclusive.
F41/16 of the shares subject to the option vest quarterly over a four year period beginning on February 5, 2013.