SEC Form 4 · accession 0001209191-16-145975
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean M Drako
10% Owner
Period of report
Oct 12, 2016
Accepted (ET)
Oct 14, 2016 · 8:11 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 | Sep 26, 2016 | G | 5,000 | $0.00 | D | 2,562,111 | I | By Trust |
| Common StockF2,F3,F4 | Oct 12, 2016 | S | 15,458 | $26.40 | D | 1,184,491 | I | By Trust |
| Common StockF2,F5,F1 | Oct 12, 2016 | S | 15,458 | $26.40 | D | 1,746,653 | I | By Trust |
| Common StockF2,F6 | Oct 12, 2016 | S | 15,458 | $26.40 | D | 2,091,075 | I | By Trust |
| Common StockF4 | Oct 13, 2016 | S | 667 | $26.40 | D | 1,183,824 | I | By Trust |
| Common StockF1 | Oct 13, 2016 | S | 667 | $26.40 | D | 1,745,986 | I | By Trust |
| Common StockF6 | Oct 13, 2016 | S | 666 | $26.40 | D | 2,090,409 | I | By Trust |
| Common StockF4 | Oct 14, 2016 | S | 3,508 | $26.40 | D | 1,180,316 | I | By Trust |
| Common StockF1 | Oct 14, 2016 | S | 3,508 | $26.40 | D | 1,742,478 | I | By Trust |
| Common StockF6 | Oct 14, 2016 | S | 3,509 | $26.40 | D | 2,086,900 | I | By Trust |
| Common StockF7 | holding | — | — | — | 240,000 | I | By Trust | |
| Common StockF8 | holding | — | — | — | 116,667 | I | By Trust | |
| Common StockF9,F10 | holding | — | — | — | 1,600,000 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares are held directly by the Drako Trust F for which the Reporting Person serves as a trustee.
- F10The shares are held directly by the DD Investment Management Trust B for which the Reporting Person serves as trustee.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.40 to $26.42 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.
- F3Excludes 800,000 shares previously reported as held directly by the Drako Living Trust for which the Reporting Person serves as the trustee. The shares have been re-registered and are now held by the DD Investment Management Trust B for which the Reporting Person serves as the trustee.
- F4The shares are held directly by the Dean M. Drako Living Trust for which the Reporting Person serves as a trustee.
- F5Excludes 800,000 shares previously reported as held directly by the Drako Trust F for which the Reporting Person serves as the trustee. The shares have been re-registered and are now held by the DD Investment Management Trust B for which the Reporting Person serves as the trustee.
- F6The shares are held directly by the DD Investment Management Trust A for which the Reporting Person serves as trustee.
- F7The shares are held directly by the DD Investment Trust B for which the Reporting Person serves as a trustee.
- F8The shares are held directly by the DD Investment Trust A for which the Reporting Person serves as a trustee.
- F9Includes 800,000 shares previously reported as held directly by the Drako Living Trust, and 800,000 shares previously reported as held directly by the Drako Trust F for which the Reporting Person serves as a trustee.