SEC Form 4 · accession 0001348334-17-000102
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
Sep 1, 2017
Accepted (ET)
Sep 5, 2017 · 9:18 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 1, 2017 | F | 1,128 | $24.03 | D | 103,093 | D | |
| Common Stock | Sep 1, 2017 | M | 1,250 | $7.80 | A | 104,343 | D | |
| Common Stock | Sep 1, 2017 | S | 1,250 | $24.027 | D | 103,093 | 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)F3 | $7.80 | Sep 1, 2017 | M | 1,250 | A | Mar 24, 2009 | Mar 24, 2018 | Common Stock | — | 7,500 | D |
Explanation of responses
- F1The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
- F2The 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.
- F325% 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.