Home > Insider Trading > Filing (0001348334-17-000072)

Filing Details

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
1590392	D Michael Hughes	C/O Barracuda Networks, Inc. 3175 S. Winchester Blvd. Campbell CA 95008	Svp, Worldwide Sales	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2017-05-31	60,000	$0.00	163,875	No	4	A	Direct
Common Stock	Acquisiton	2017-06-01	4,468	$10.62	168,343	No	4	M	Direct
Common Stock	Disposition	2017-06-01	4,468	$22.55	163,875	No	4	S	Direct
Common Stock	Disposition	2017-06-01	6,342	$22.79	157,533	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	M	Direct
No	4	S	Direct
No	4	F	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2017-06-01	4,468	$10.62	4,468	$10.62

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2011-07-21	2020-07-21	No	4	M	Direct

Footnotes

The reported securities are represented by restricted stock units which vest in four equal annual installments beginning on June 1, 2018.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2016.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.01 to $22.79, 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.
The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units.
25% of shares subject to the option vested on July 21, 2011 and 1/48 of the shares subject to the option vested monthly thereafter, so that all shares were fully vested on 07/21/2014.