Kapoor Chetan 4
4 · BARRACUDA NETWORKS INC · Filed Feb 14, 2018
Insider Transaction Report
Form 4
Kapoor Chetan
Director
Transactions
- Disposition to Issuer
Common Stock
2018-02-12−4,218→ 8,023 total - Disposition to Issuer
Common Stock
2018-02-12−8,023→ 0 total
Footnotes (3)
- [F1]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 (the "Merger Agreement"), each share of Issuer common stock was exchanged for $27.55 in cash.
- [F2]The shares are represented by restricted stock units, or RSUs. Pursuant to the provisions of the Issuer's 2012 Equity Incentive Plan, the RSUs vested in full immediately prior to the closing of the merger.
- [F3]Pursuant to the Merger Agreement, the RSUs were cancelled and converted into the right to receive a cash payment of $221,033.65, which represents $27.55 for each outstanding unit.