Hintz Erin 4
4 · BARRACUDA NETWORKS INC · Filed Feb 14, 2018
Insider Transaction Report
Form 4
Hintz Erin
SVP, Chief Marketing Officer
Transactions
- Disposition to Issuer
Common Stock
2018-02-12−50,000→ 0 total
Footnotes (2)
- [F1]The reported shares are represented by restricted stock units, or RSUs, which vest in four equal annual installments beginning on August 1, 2018.
- [F2]Pursuant to the Agreement and Plan of Merger between the Issuer, Project Deep Blue Holdings, LLC, and Project Deep Blue Merger Corp. dated November 26, 2017 and immediately prior to the closing of the merger, the unvested RSUs were cancelled and converted into the contingent right to receive a cash payment of $1,377,500.00, which represents $27.55 for each outstanding unvested unit, which will vest and be payable at the same time as the unvested RSUs for which such cash amount was exchanged would have vested pursuant to its terms.