SEC Form 4 · accession 0001209191-16-150726
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
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 8:14 pm EST
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 | Nov 14, 2016 | S | 5,705 | $24.40 | D | 1,165,347 | I | By Trust |
| Common StockF1,F3 | Nov 14, 2016 | S | 5,706 | $24.40 | D | 1,727,508 | I | By Trust |
| Common StockF1,F4 | Nov 14, 2016 | S | 5,705 | $24.40 | D | 2,071,930 | I | By Trust |
| Common StockF5,F2 | Nov 15, 2016 | S | 19,295 | $24.13 | D | 1,146,052 | I | By Trust |
| Common StockF5,F3 | Nov 15, 2016 | S | 19,294 | $24.13 | D | 1,708,214 | I | By Trust |
| Common StockF5,F4 | Nov 15, 2016 | S | 19,295 | $24.13 | D | 2,052,635 | I | By Trust |
| Common StockF6,F2 | Nov 16, 2016 | S | 12,253 | $24.08 | D | 1,133,799 | I | By Trust |
| Common StockF6,F3 | Nov 16, 2016 | S | 12,253 | $24.08 | D | 1,695,961 | I | By Trust |
| Common StockF6,F4 | Nov 16, 2016 | S | 12,252 | $24.08 | D | 2,040,383 | I | By Trust |
| Common StockF7 | holding | — | — | — | 240,000 | I | By Trust | |
| Common StockF8 | holding | — | — | — | 116,667 | I | By Trust | |
| Common StockF9 | holding | — | — | — | 1,600,000 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.20 inclusive. he 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 within footnotes (1), (5) and (6).
- F2The shares are held directly by the Dean M. Drako Living Trust for which the Reporting Person serves as a trustee.
- F3The shares are held directly by the Drako Trust F for which the Reporting Person serves as a trustee.
- F4The shares are held directly by the DD Investment Management Trust A for which the Reporting Person serves as trustee.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.27, inclusive.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.03 to $24.23, inclusive.
- 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.
- F9The shares are held directly by the DD Investment Management Trust B for which the Reporting Person serves as trustee.