Home > Insider Trading > Filing (0001348334-17-000114)

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
1590405	D Michael Perone	C/O Barracuda Networks, Inc. 3175 S. Winchester Blvd. Campbell CA 95008		Yes	No	No	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	Disposition	2017-09-28	82,906	$24.10	1,816,494	No	4	S	Direct
Common Stock	Disposition	2017-09-28	19,053	$24.10	490,345	No	4	S	Indirect	By LLC
Common Stock	Disposition	2017-09-28	10,775	$24.10	296,087	No	4	S	Indirect	By Trust
Common Stock	Disposition	2017-09-28	9,065	$24.10	248,359	No	4	S	Indirect	By Trust
Common Stock	Acquisiton	2017-09-28	40,000	$12.66	1,856,494	No	4	M	Direct
Common Stock	Acquisiton	2017-09-28	12,500	$17.13	1,868,994	No	4	M	Direct
Common Stock	Disposition	2017-09-28	29,961	$24.05	1,839,033	No	4	F	Direct
Common Stock	Disposition	2017-09-29	94,453	$24.16	1,744,580	No	4	S	Direct
Common Stock	Disposition	2017-09-29	21,936	$24.16	468,409	No	4	S	Indirect	By LLC
Common Stock	Disposition	2017-09-29	12,406	$24.16	283,681	No	4	S	Indirect	By Trust
Common Stock	Disposition	2017-09-29	10,437	$24.16	237,922	No	4	S	Indirect	By Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	By LLC
No	4	S	Indirect	By Trust
No	4	S	Indirect	By Trust
No	4	M	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Indirect	By LLC
No	4	S	Indirect	By Trust
No	4	S	Indirect	By Trust

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	2017-09-28	40,000	$0.00	40,000	$12.66
Common Stock	Employee Stock Option (right to buy)	Disposition	2017-09-28	12,500	$0.00	12,500	$17.13

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2022-11-20	No	4	M	Direct
0		2026-05-25	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	462,744	Indirect	By Spouse
Common Stock	128,523	Indirect	By Trust

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on Oct 17, 2016.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.25, 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 (2) and (7).
The shares are held directly Consulting2 LLC for which the Reporting Person serves as the managing member.
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.
The shares are held directly by the Perone 2012 Irrevocable Trust for which the Reporting Person serves as a trustee.
The exercise price of the options was paid by delivering already-owned shares of Issuer common stock valued at the current market price of $24.05 per share.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.01 to $24.28, inclusive.
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.
Shares subject to the option are fully vested and immediately exercisable.