SEC Form 4 · accession 0001348334-17-000017
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael D Perone
Officer — Chief Marketing Officer & EVP · Director · 10% Owner
Period of report
Jan 10, 2017
Accepted (ET)
Jan 12, 2017 · 8:28 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 StockF2 | Jan 10, 2017 | S | 410,053 | $24.22 | D | 4,598,890 | D | |
| Common StockF3 | Jan 10, 2017 | S | 32,572 | $25.26 | D | 4,566,318 | D | |
| Common StockF2,F4 | Jan 10, 2017 | S | 52,673 | $24.22 | D | 649,016 | I | By Trust |
| Common StockF3,F4 | Jan 10, 2017 | S | 4,184 | $25.26 | D | 644,832 | I | By Trust |
| Common StockF2,F5 | Jan 10, 2017 | S | 93,679 | $24.22 | D | 1,116,360 | I | By LLC |
| Common StockF3,F5 | Jan 10, 2017 | S | 7,441 | $25.26 | D | 1,108,919 | I | By LLC |
| Common StockF2,F6 | Jan 10, 2017 | S | 44,339 | $24.22 | D | 546,346 | I | By Trust |
| Common StockF3,F6 | Jan 10, 2017 | S | 3,522 | $25.26 | D | 542,824 | I | By Trust |
| Common StockF7 | Jan 11, 2017 | S | 242,537 | $24.79 | D | 4,323,781 | D | |
| Common StockF1,F8 | Jan 11, 2017 | S | 122,169 | $25.25 | D | 4,201,612 | D | |
| Common StockF7,F4 | Jan 11, 2017 | S | 31,164 | $24.79 | D | 613,668 | I | By Trust |
| Common StockF8,F4 | Jan 11, 2017 | S | 15,685 | $25.25 | D | 597,983 | I | By Trust |
| Common StockF7,F5 | Jan 11, 2017 | S | 55,409 | $24.79 | D | 1,053,510 | I | By LLC |
| Common StockF8,F5 | Jan 11, 2017 | S | 27,910 | $25.25 | D | 1,025,600 | I | By LLC |
| Common StockF7,F6 | Jan 11, 2017 | S | 26,225 | $24.79 | D | 516,599 | I | By Trust |
| Common StockF8,F6 | Jan 11, 2017 | S | 13,210 | $25.25 | D | 503,389 | I | By Trust |
| Common StockF9 | Jan 12, 2017 | S | 87,764 | $24.05 | D | 4,113,848 | D | |
| Common StockF9,F4 | Jan 12, 2017 | S | 11,274 | $24.05 | D | 586,709 | I | By Trust |
| Common StockF9,F5 | Jan 12, 2017 | S | 20,050 | $24.05 | D | 1,005,550 | I | By LLC |
| Common StockF9,F6 | Jan 12, 2017 | S | 9,490 | $24.05 | D | 493,899 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on Oct 17, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.99, 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 within footnotes (2), (3), (7), (8) and (9).
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.61, inclusive.
- F4The shares are held directly by the Perone Family 2010 Irrevocable Trust dated June 29, 2010 for which the Reporting Person serves as a trustee.
- F5The shares are held directly Consulting2 LLC for which the Reporting Person serves as the managing member.
- F6The shares are held directly by the Perone 2012 Irrevocable Trust for which the Reporting Person serves as a trustee.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.04 to $25.03, inclusive.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.04 to $25.57, inclusive.
- F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.28, inclusive.