SEC Form 4 · accession 0001348334-17-000027
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
Jan 25, 2017
Accepted (ET)
Jan 27, 2017 · 6:33 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 | Jan 25, 2017 | S | 6,600 | $23.52 | D | 754,109 | I | By Trust |
| Common StockF3,F2 | Jan 25, 2017 | S | 3,400 | $23.92 | D | 750,709 | I | By Trust |
| Common StockF4,F5 | Jan 25, 2017 | S | 10,000 | $23.66 | D | 1,312,871 | I | By Trust |
| Common StockF1,F6 | Jan 25, 2017 | S | 7,100 | $23.52 | D | 1,660,193 | I | By Trust |
| Common StockF3,F6 | Jan 25, 2017 | S | 2,900 | $23.92 | D | 1,657,293 | I | By Trust |
| Common StockF1,F7 | Jan 25, 2017 | S | 6,823 | $23.52 | D | 1,308,177 | I | By Trust |
| Common StockF3,F7 | Jan 25, 2017 | S | 3,177 | $23.92 | D | 1,305,000 | I | By Trust |
| Common StockF8,F2 | Jan 26, 2017 | S | 10,000 | $23.35 | D | 740,709 | I | By Trust |
| Common StockF8,F5 | Jan 26, 2017 | S | 10,000 | $23.35 | D | 1,302,871 | I | By Trust |
| Common StockF8,F6 | Jan 26, 2017 | S | 10,000 | $23.35 | D | 1,647,293 | I | By Trust |
| Common StockF8,F7 | Jan 26, 2017 | S | 10,000 | $23.35 | D | 1,295,000 | I | By Trust |
| Common StockF9,F2 | Jan 27, 2017 | S | 10,000 | $22.94 | D | 730,709 | I | By Trust |
| Common StockF9,F5 | Jan 27, 2017 | S | 10,000 | $22.94 | D | 1,292,871 | I | By Trust |
| Common StockF9,F6 | Jan 27, 2017 | S | 10,000 | $22.94 | D | 1,637,293 | I | By Trust |
| Common StockF9,F7 | Jan 27, 2017 | S | 10,000 | $22.94 | D | 1,285,000 | I | By Trust |
| Common StockF10 | holding | — | — | — | 240,000 | I | By Trust | |
| Common StockF11 | holding | — | — | — | 116,667 | 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 $22.80 to $23.79, 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 (1), (3), (4), (8) and (9).
- F10The shares are held directly by the DD Investment Trust B for which the Reporting Person serves as a trustee.
- F11The shares are held directly by the DD Investment Trust A for which the Reporting Person serves as a trustee.
- F2The shares are held directly by the Dean M. Drako Living Trust for which the Reporting Person serves as a trustee.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.80 to $24.00, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.01 to $24.01, inclusive.
- F5The shares are held directly by the Drako Trust F for which the Reporting Person serves as a 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 Management Trust B for which the Reporting Person serves as trustee.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.09 to $23.89, inclusive.
- F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.79 to $23.22, inclusive.