SEC Form 4 · accession 0001348334-17-000064
BARRACUDA NETWORKS INC · CUDA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dustin Driggs
Officer — Chief Financial Officer
Period of report
May 15, 2017
Accepted (ET)
May 17, 2017 · 8:47 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 Stock | May 15, 2017 | M | 1,250 | $7.80 | A | 36,717 | D | |
| Common Stock | May 15, 2017 | S | 1,250 | $22.29 | D | 35,467 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $7.80 | May 15, 2017 | M | 1,250 | D | Mar 24, 2009 | Mar 24, 2018 | Common Stock | 1,250 | 12,500 | D |
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 Feb 9, 2017.
- F225% of shares subject to the option vested on March 24, 2009 and 1/48 of the shares subject to the option vested monthly thereafter, so that all shares were fully vested on 03/24/2012.