SEC Form 4 · accession 0001209191-16-124185
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Hughes
Officer — SVP, Worldwide Sales
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 8:57 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 StockF1 | May 25, 2016 | A | 67,500 | $0.00 | D | 119,513 | D |
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)F2 | $17.13 | May 25, 2016 | A | 22,500 | A | — | May 25, 2026 | Common Stock | 22,500 | 22,500 | D |
Explanation of responses
- F1The reported securities are represented by restricted stock units which vest in four equal annual installments beginning on June 1, 2017.
- F2Shares subject to the option vest in sixteen equal quarterly installments beginning on August 25, 2016.