SEC Form 4 · accession 0001209191-16-136876
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon Stitt
Director
Period of report
Aug 10, 2016
Accepted (ET)
Aug 12, 2016 · 6:40 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 | Aug 10, 2016 | A | 1,712 | $0.00 | A | 57,987 | D | |
| Common StockF2 | holding | — | — | — | 2,500 | I | Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $21.90 | Aug 10, 2016 | A | 11,330 | A | Aug 10, 2017 | Aug 10, 2026 | Common Stock | 11,330 | 11,330 | D |
Explanation of responses
- F1The reported securities are represented by restricted stock units which vest in three equal annual installments beginning on August 10, 2017.
- F2The shares are held directly by the Gordon L. Stitt & Valori S. Stitt Revocable Intervivos Trust U/A dtd 11/16/96 for which the Reporting Person serves as trustee.
- F3Shares subject to the option vest in three equal annual installments beginning on August 10, 2017.