Filing Details

Accession Number:
0001209191-15-033624
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-04-10 20:04:34
Reporting Period:
2015-04-08
Filing Date:
2015-04-10
Accepted Time:
2015-04-10 20:04:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1348334 Barracuda Networks Inc CUDA Computer Peripheral Equipment, Nec (3577) 830380411
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1590405 D Michael Perone C/O Barracuda Networks, Inc.
3175 S. Winchester Blvd.
Campbell CA 95008
Chief Marketing Officer & Evp Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-04-08 40,000 $0.00 5,110,471 No 4 A Direct
Common Stock Disposition 2015-04-09 32,229 $43.14 5,038,242 No 4 S Direct
Common Stock Disposition 2015-04-09 5,755 $43.14 189,967 No 4 S Indirect By Trust
Common Stock Disposition 2015-04-09 3,453 $43.14 598,727 No 4 S Indirect By Trust
Common Stock Disposition 2015-04-09 7,194 $43.14 1,226,334 No 4 S Indirect By LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Indirect By Trust
No 4 S Indirect By Trust
No 4 S Indirect By LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Acquisiton 2015-04-08 40,000 $0.00 40,000 $42.92
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
40,000 2025-04-08 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 462,744 Indirect By Spouse
Common Stock 262,179 Indirect By Trust
Common Stock 262,179 Indirect By Trust
Common Stock 128,523 Indirect By Trust
Footnotes
  1. The reported shares are represented by restricted stock units which vest in four equal annual installments beginning on May 1, 2016.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 7, 2014 by the Reporting Person.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.78 to $43.43, 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.
  4. The shares are held directly by the Perone Family 2010 Irrevocable Trust dated June 29, 2010 for which the Reporting Person serves as a trustee.
  5. The shares are held directly by the Perone 2012 Irrevocable Trust for which the Reporting Person serves as a trustee.
  6. The shares are held directly Consulting2 LLC for which the Reporting Person serves as the managing member.
  7. The shares are held directly by the 2010 Four Year Plan 3 Trust for which the Reporting Person serves as a trustee.
  8. The shares are held directly by the 2010 Four Year Plan 9 Trust for which the Reporting Person serves as a trustee.
  9. The shares are held directly by the Perone Family 2010 Irrevocable Trust - Exempt dated June 29, 2010 for which the Reporting Person serves as a trustee.
  10. Shares subject to the option vest in sixteen equal quarterly installments beginning on August 8, 2015.